Beyond the Buildings

In the ever-evolving landscape of the property market, recent years have been marked by volatility and unprecedented challenges. However, amidst this shifting environment, there is an opportunity for lenders to reassess their back-of-house operations and embrace the transformative potential of modern technology. As the market cools, the stage is set for lenders to revolutionize their processes and...

The last several years have been volatile for the property market. However, as the market is slowing, that is freeing up space for lenders to consider their back-of-house processes and rehabilitate them to accommodate the demands of modern consumers. Largely, that means automating and digitizing processes. Think automated underwriting of the borrower and the property, think about a fully digi...

When it comes to financing a home in the current real estate market, the interest rate on a loan is of chief concern for buyers. That has resulted in a growing interest in rate locks from buyers, sellers, builders and lenders. In fact, rate locks as a negotiation technique have bubbled up to the surface as another tactic for lenders looking to secure loans in the current economy. In Part 2 of this...

Anyone who is buying a home with a mortgage almost certainly talks to their lender about interest rates. With real estate market trends defined by some of the highest interest rates in decades and  annual home price growth reaching its lowest level in more than a decade , purchasing a property is an undertaking that requires buyers to look at the data and do the math. The current environment...

Modernization can be boiled down to an equation. The more data and automation available to improve the overall mortgage origination process, the more the overall cost to originate the loan goes down. In fact, one of the industry’s largest organizations, the Mortgage Industry Standards Maintenance Organization (MISMO), is working steadily to streamline the mortgage origination process by replacing...

The word “mortgage” evokes myriad responses depending on one’s relationship with homeownership. But one thing is certain: Mortgages are a big deal for the U.S. — and global — economy. These property payment plans support a large portion of one of the world's largest asset classes and are, therefore, highly scrutinized. This has led to the mortgage industry garnering a reputation for slow processes...

As climate change continues to influence weather patterns, not all areas of the U.S. will be equally exposed to natural hazard risks. While some locations may not be ideal choices for property investment in the future, there are other areas that data scientists have demonstrated will be sheltered from the damaging effects of natural catastrophes. In Part 2 of this episode, host Maiclaire Bolton Sm...

Natural catastrophes have long been of concern to the housing and property markets. However, as these events increase in severity and frequency, climate change data science is projecting that not all areas of the U.S. will be equally exposed to these risks in the future.  Despite the popularity of some migration destinations with Americans, data analysis indicates that, depending on how drama...

As  annual home price growth reached its lowest level in more than a decade , all eyes are on the housing market as a bellwether for the larger economy.  In Part 2 of this episode, host Maiclaire Bolton Smith sits down with CoreLogic Principal Economist Molly Boesel to discuss what is really happening in the housing market and what low inventories, high interest rates and lack of upcomin...

The real estate market is one of the largest asset classes in the world. So, when economics shift in the sector, the larger economy feels the ripple effects. Recently, interest rates have been the highest in decades, home prices have seen the lowest recorded rise since 2019 and nearly 60% of homes sold below list price in March 2023. However, zooming out and looking at the bigger picture reveals t...

In Part 2 of this episode, host Maiclaire Bolton-Smith continues the conversation with CoreLogic’s Senior Catastrophe Response Manager Jon Schneyer to explore the ongoing impact of Hurricane Ian on Florida’s insurance and reinsurance industries. In this installment, the two will talk about what the CoreLogic team actually saw when they went to southwestern Florida to observe the hurricane damage a...

In Part 1 of this episode, host Maiclaire Bolton-Smith sits down with CoreLogic's Senior Catastrophe Response Manager Jon Schneyer to discuss the aftermath of Hurricane Ian’s impact on the Florida coast six months later. The catastrophe impacted a state where the insurance market was already stressed, and now the government, homeowners and insurers are working to reorient themselves and build a st...

In Part 2 of this episode, host Maiclaire Bolton-Smith continues the conversation with Kent David, a senior leader in analytics consulting, and Tom Larsen, an expert in catastrophe risk management and insurance solutions, to talk about the atmospheric rivers, bomb cyclones and snow that have made headlines and again put California’s natural hazard risks in the spotlight. Get insights into the stat...

The Golden State has endured months of inundations from atmospheric rivers and bomb cyclones. As a result, the news is awash with images of submerged streets and mudslides, replacing our collective imagination of California as a state perennially filled with sunny beaches and golden hills. But not everyone in the state has had the same experience with this weird weather. In Part 1 of this episode,...

In Part 2 of this episode, host Maiclaire Bolton Smith continues the conversation with CoreLogic’s director of Insurance Market Strategy for Hazard and Risk Management about how insurers will need to access big data to effectively translate homeowner wildfire mitigation efforts into insurance discounts. Catch up on Part 1 here. Find full episodes with these guests in our podcast archive here: http...

No one wants 430% increases in wildfire insurance premiums and quotes of up to $20,000 per year. So, why are California homeowners dealing with these prices? In Part 1 of this episode, host Maiclaire Bolton Smith talks to Paul Brown, CoreLogic's director of Insurance Market Strategy for Hazard and Risk Management about legislative changes from the California Department of Insurance and how insurer...

In Part 2 of this episode, host Maiclaire Bolton Smith continues the conversation with CoreLogic’s real estate tech solutions expert Mark Weaver to discuss what the market tipping point for the success of iBuyers will be and how much people will be willing to pay for the sake of convenience. Find full episodes in our podcast archive here: https://clgx.co/3zqhBZt In this episode: 3:57 – What is the...

In part one of this episode, host Maiclaire Bolton Smith sits down again with CoreLogic’s real estate tech solutions expert Mark Weaver to chat about how rising interest rates and a slowdown in buyer interest resulted in the once-red-hot iBuying and power buying segment being abruptly confronted with an environment designed to stress-test their business models. Find full episodes with these guests...

Most of us don’t have enough money in the bank to buy a house in cash. We need to convince someone to lend us the money. Listen to host Maiclaire Bolton Smith talk to CoreLogic Chief Appraiser Shawn Telford and learn about how banks are leveraging PropTech to determine the worth of a home, as well as the consequences that innovation has on markets, loans and affordability. Learn more about how tec...

Curious about what Season 3 of Core Conversations has in store for listeners? Host Maiclaire Bolton Smith has a few fun ideas for next year. Listen in to find out what to expect starting January 25, 2023.

In this episode, host Maiclaire Bolton Smith cedes the stage to the crew members of this podcast. Learn a little about what goes on behind the scenes to bring this podcast to life, and listen until the end for a special guest appearance! Listen in or read more of the production crew's work here https://clgx.co/3zqhBZt Also keep your eyes on future show notes sections for updates on our new monthly...

As we wrap up this season, we are bringing back four of our favorite guests to get an update on what happened in 2022 and their outlook on the year ahead. Find full episodes with these guests in our podcast archive here: https://clgx.co/3zqhBZt Check out NFIP Risk Rating 2.0 video vignettes here. In this episode: 1:25 - Catch up with Tom Larsen about natural catastrophes in 2022 5:32 – Hear from S...

Curious about how technology is changing the process of homebuying? If you wish buying a home was like pushing the Easy Button, tune in to listen to Host Maiclaire Bolton Smith sit down with CoreLogic's real estate tech solutions expert Mark Weaver to discuss how property technology — or PropTech — is influencing the property industry, as well as what the future of big data and AI might influence...

To prepare for the intensifying impacts of climate change and the resulting physical risks to property assets, host Maiclaire Bolton Smith sits down with CoreLogic’s Public Policy and Industry Relations Executive Pete Carroll to discuss how climate-related financial risk influences government policy, with a focus on President Biden’s Executive Order 14030 . Learn more about how governmental policy...

As one of the worst hurricanes to make landfall in the U.S., Hurricane Ian was undeniably a catastrophic event. Its sweeping winds and heightened storm surge wreaked havoc on both the lives and property of Florida citizens. However, the insurance industry in the Sunshine State is also facing significant ramifications from the force of this storm, and only time will tell whether this event will cha...