Home Price IndexICE Mortgage Technology
A comprehensive tool providing accurate and timely residential real estate price trends across the U.S.
Vendor
ICE Mortgage Technology
Company Website
Product details
The Home Price Index (HPI) is a robust, web-based application that offers detailed insights into housing market trends. It delivers one of the most complete and accurate measures of residential real estate price trends in the U.S., utilizing repeat sales data from comprehensive public records and servicer-contributed loan-level data. This integration ensures exceptional coverage and stability, making it a valuable resource for professionals in real estate, insurance, mortgage, capital markets, and government sectors. Key Features & Benefits
- Reliable, Current Data: Applies stringent quality-control measures to provide the most reliable and current information available.
- Easy Access, Quick Delivery: Offers various delivery options, including FTP, Rapid Analytics Platform (RAP), and the AFT Prepayment and Credit Model, to suit diverse needs.
- Representation of Discounted Properties: Includes separate price series for REOs and short sales, offering an accurate view of the market.
- Early Trend Identification: Efficient processing and fast data release enable early identification of market trends.
- Forward-Looking Analysis: Supports forward-looking analysis, such as portfolio stress testing and the analysis of tail risk on a portfolio.
- Accuracy, Coverage, and Stability: Provides a sophisticated view of housing market trends that is easy to use across various applications.
- Flexible Options: Updates to support business needs, including monthly HPI updates and HPI-adjusted property values or loan-level current combined LTV from the McDash® property module.