Loans originated in Q3 2016 are among the highest-quality home loans originated since the year 2001, according to the latest CoreLogic Housing Credit Index (HCI) Report.

Higher index values indicate a higher level of credit risk for new originations and lower index values indicate less credit risk present. Compared with other loans made since mid-2009, the starting point of the current economic expansion, Q3 2016 loans are among the loans originated with the lowest credit risk based on six important credit-risk attributes.

The average credit score for homebuyers increased 5 points between the third quarter of 2015 and the third quarter of 2016, rising from 734 to 739.

The average DTI for homebuyers fell slightly comparing the third quarters of 2015 and 2016, falling from 35.7 percent to 35.4 percent.

The LTV for homebuyers decreased nearly 1 percentage point between the third quarter of 2015 and the third quarter of 2016, declining from 86.8 percent to 85.8 percent.

Read more at http://www.calculatedriskblog.com/2016/12/corelogic-mortgage-loans-originated-in.html#OdLMYqp9fDiE2bjC.99

In January, the National Auto Dealers Association (NADA) Convention & Expo will celebrate it’s 100th Anniversary!  It is the world’s largest international gathering of franchised new-vehicle dealers and BEBdata is there every year!  Check out their great video that outlines this amazing conference!

Wishing you and yours a safe and happy Thanksgiving Holiday.

Matt Diehl of OneMain recently published a blog regarding “Six Money Topics Every Couple Should Discuss”.  Topics include:

1. Joint or separate bank accounts
2. Paying Bills
3. Debt
4. Budgeting
5. Children
6. Retirement

Check it out by clicking here.

The proposed January postal rate hike has been released.  The anticipated changes, by percentage and class are as follows:

First Class Mail = .78%

Standard Mail = .895%

Periodicals = .832%

Some highlights to review:

• FCM Automated Area Distribution Center (AADC) rates and 3-digit presort categories for automation letters and postcards, and Standar Mail Automation Letters are merging into one.
• The weight maximum for FCM nonautomation presorted machinable letters and Standard mail machinable letters will increase from 3.3 oz to 3.5 oz
• Standard Mail will now be known as USPS Marketing Mail
• The weight maximum of Marketing Mail flats that pay piece races will increase from 3.3 oz to  4.0 oz
• Workshare rate discounts are being reduced

For detailed rate comparison charts, click onto a category below:

Rates were submitted to the PRC (Postal Regulatory Commission) for review.   We will continue to post the current changes as they happen.  If you have questions or need additional information, please don’t hesitate to contact us.

800-969-5568

Is there a link between science and creativity? Can that link impact marketing and human emotion? Making successful data-driven connections is both an art as well as a science. Part craft and part instinct, &THEN explores the relationship of where art, science and humanity collide. Hundreds of speakers from major brands, leading agencies, and innovative services will tell you how to find that sweet spot of what you know about a customer and what you think your customer wants all while asking your audience to keep your message top of mind. &THEN’s speakers will explore the science of creativity and how marketers can benefit from exploring data-based creative solutions. Learn new things. Be inspired. Get motivated.  Read more here