LoanPerformance HPI
Identifying and Assessing Real Estate Risk
Home price trends drive real estate risk, and real estate—that is, collateral—drives mortgage risk. Whatever your role in the mortgage process, your success increasingly depends on identifying and assessing mortgage collateral risk swiftly, accurately, and in robust detail. LoanPerformance HPI gives you the first look at current home price trends—only five weeks after month's end (three weeks for some indices): an immediate, accurate, multi-tiered “baseline” for assessing collateral valuation (and mortgage risk) accurately.
LoanPerformance National HPI
LoanPerformance’s new National HPI covers 10 mortgage tiers with full history every month using national data only, creating a new standard of accuracy for a national HPI. Using it, you can benchmark local HPIs against national trends with full confidence in the underlying data, since—unlike national indices that simply aggregate state and metro-level HPIs—LoanPerformance National HPI is built each month from the ground up using national repeat-sales transaction data.
Available Online
LoanPerformance HPI is available online via TrueStandings HPI, a powerful analytics application with broad HPI data access, highly flexible data manipulation, and simplified report creation (see below).
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Quickest, Most Comprehensive HPI Data
LoanPerformance HPI’s monthly data updates offer clients the fastest U.S. collateral valuation information in the industry—complete HPI datasets five weeks after month’s end, now including updated repeat-sales indices for the two following weeks. Complete HPI data in five weeks—plus a significant subset in three weeks: no other source of HPI data comes close to this delivery speed.
On top of that, LoanPerformance HPI data are the most complete available anywhere—broader, deeper HPI datasets that leverage the full power of First American CoreLogic’s dominant real estate databases. LoanPerformance HPI incorporates 30+ years of repeat sales transactions, representing over 45 million observations, and covers 7,544 Zip codes, 958 Core Based Statistical Areas (CBSAs), and 677 counties in all 50 states and the District of Columbia.
TrueStandings HPI—Powerful Online HPI Analysis and Reporting
LoanPerformance’s state-of-the-art online analytics platform TrueStandings.com now includes TrueStandings HPI, an HPI analytics and reporting application that represents a significant advance in HPI information processing. TrueStandings HPI provides users the fastest, most effective, most user-friendly tool on the market for demystifying housing price trends, projecting likely future scenarios, and utilizing the full scope—and early release—of LoanPerformance HPI data.
TrueStandings HPI features:
- Broad, Transparent HPI Data Access Download up to 30 years of HPI history, access self-defined HPI datasets by period, tier, and geography, see what data is driving indices, work via interface designed to simplify HPI analytics.
- Fast, Flexible Data Manipulation Drill directly from state to county and Zip, customize and/or edit reports using time-saving filters, incorporate pivot tables and trend graphing, even visualize HPI trend movement over time (via Flash).
- Built-In Reports, Easy-to-Use Report-Building Tools In addition to a library of pre-defined HPI reports (current, historical, change, transaction, etc.), TrueStandings HPI includes simple report-building tools, time-saving report filters, and simplified, multiple-format output options.
With TrueStandings HPI, you’ll be able to make assured HPI-related business decisions days, even weeks before your competitors have seen their own initial HPI data.
A Deeper View of Risk
Using TrueStandings HPI online analytics, analysts, investors, and other users can reduce collateral-based uncertainty in any segment of the secondary mortgage market by treating HPI as the key dynamic indicator of strategic value and risk—by, for example:
- Performing multi-tier market evaluations based on price, time between sales, property type and loan type (conforming vs. non-conforming)
- Monitoring real estate trends by market, comparing results to historical trends
- Identifying at-risk markets when they first unfold, then tracking them closely
- Evaluating trend dynamics by tier, demographics, geography, even neighborhood
- Consistently fine-tuning investment strategies in advance of the market
Sample HPI Reports
TrueStandings.com reports do more than summarize market trends, they create actionable understanding of future markets. Examples:
Always-Available, High-Speed Platform
The Truestandings.com web platform resides in First American CoreLogic’s enterprise-class data center, a self-sustaining, redundant, CyberTrust-certified, GLB-compliant infrastructure. TrueStandings HPI is powered by a Netezza supercomputer that delivers results to web-connected computers amazingly fast—results that include:
- Monthly HPI updates, with additional data for the two weeks following
- Auto-access to all available U.S. HPI indices, both current and historical
- Fully customizable processing inputs and outputs, with virtually no lag time
- Simultaneous multiple-user access with no performance degradation
- Immediate and automatic software upgrades (no internal company maintenance)
- Latest generation of high-speed online data manipulation, processing, reporting
Sample LoanPerformance HPI Data
To view samples of current and historical LoanPerformance HPI data—with analyses—please click a link below and enter your name and email address:
To learn more about subscribing to LoanPerformance HPI’s monthly data indices and analytics, please contact the sales representative for your geographic area.
Product Brief
Identify yourself on the accompanying form (name, company, email only), then download a PDF of the TrueStandings HPI Product Brief (3.28MB).
For More Information
To learn more about LoanPerformance HPI, please email us or give us a call at the appropriate number for your geographic area.
