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Underwriting, Assessing Risk, Big Data

Underwriting, Assessing Risk, Big Data

Catastrophes have rewritten the rules of the insurance game. Before Hurricane Andrew, in 1992, insurers essentially guessed at what the financial damages would be if a disaster struck. Turns out, they drastically underestimated what the losses might be. And they suffered the consequences. Smart underwriters don’t guess. They use the kinds of cutting-edge parcel mapping… Read More »

January 2019 Foreclosure Filings See an Uptick

January 2019 Foreclosure Filings See an Uptick

ATTOM Data Solutions, curator of the nation’s premier property database, released its January 2019 foreclosure activity (State/MSA/County/ZIP and City code data available). Nationally there were a total of 56,251 U.S. properties with foreclosure filings in January 2019, up 8 percent from the previous month but down 19 percent from a year ago — the 7th… Read More »

Equity Rich U.S. Properties Increase to New High in 2018

Equity Rich U.S. Properties Increase to New High in 2018

Equity Rich Properties Represent 25.6 Percent of U.S. Properties; Share of Seriously Underwater Properties Drops to 8.8 Percent; Report Includes Home Equity Breakdown by Zip Code IRVINE, Calif. — Feb. 7, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Year-End 2018 U.S. Home Equity & Underwater Report, which shows that… Read More »