WASHINGTON, D.C. – May 20, 2013 – (RealEstateRama) — What: Since the mortgage meltdown, the question has been asked…when will home prices recover? The answer is not simple for lenders who are looking to revive originations or for servicers who are looking to mitigate risk in their portfolios. Assessing home prices relies on a number of factors from current market conditions to trends in short sales and REO’s.
Who: Gordon Crawford, Ph.D., vice president of Analytics for San Diego-based DataQuick®, a provider of advanced real estate information solutions powered by data, analytics and decisioning, is providing expert commentary on:
§ The effect of distressed sales and total sales in various counties and which seem to be approaching a level of stabilization;
§ The industry need for the use of local home price indices (HPI) for mortgage risk management and a look at current home price indices for selected counties;
§ How to examine various counties’ levels of appreciation, levels of decrease after the peak and the differing amounts of recent appreciation; and
§ The examination of what sale prices to expect for different types of distressed sale dispositions
When: Crawford is available to provide insight immediately by phone, through exclusive content, or at the 2013 MBA Servicing Operations Study and Forum for Prime and Non-Prime Servicers in Washington D.C., May 21-22.
Contact: To speak with Crawford, or for more information, contact:
Joanna Braeckel at 678.781.7211 or
Elizabeth McMillan, APR at 678.781.7238
San Diego-based DataQuick, a Decision Insight Information Group Company, delivers advanced information solutions powered by higher quality data, innovative analytics and automated decisioning across a national footprint. The company drives better decision making and improved profitability for the real estate, mortgage lending and secondary investor markets. DataQuick’s integrated solutions include property data and analytics, appraisals and non-appraisal evaluations, flood determinations, mortgage credit reports, automated valuation models, automated decisioning software, Title insurance and property information, property research portals and marketing tools. For more information, visit the company’s website at www.dataquick.com, on LinkedIn or on Twitter at @DataQuick.
About Decision Insight Information Group
Decision Insight Information Group, located in the U.S., Canada and Europe, delivers a comprehensive range of information, infrastructure and decision support products and services for financial and legal professionals. Operating at the heart of the property industry, Decision Insight Information Group manages complex information solutions and provides clarity on decision making for buying, selling, conveyancing, financing and insurance. Decision Insight Information Group companies include MSB and DataQuick in the U.S., Access Point Information Canada, SearchFlow, xit2 and Decision Insight Hub in the UK, Millar & Bryce in Scotland, Rochford Brady Group in the Republic of Ireland, Wertweiser, a joint venture with HVB Bank, in Germany, and Decision First, a joint venture with First Title, in the UK. Decision Insight Information Group has 1,100 employees in 16 offices. For more information, visit www.decisioninsightgroup.com. Decision Insight Information Group is a TPG Capital portfolio company.