Recent Posts by Mark Fleming

Mark Fleming is the chief economist for First American Financial Corporation and leads First American’s Decision Sciences team.

Finding the Fraudulent Needle in the Haystack

By Mark Fleming on May 11, 2015
First American recently released the First American/Interthinx fourth quarter 2014 Mortgage Fraud Risk Report. You can view the full, interactive report here. First, let’s consider the main headline, “Fraud risk is up three percent from the third quarter, but unchanged from a year ago.” So, fraud, for now, isn’t trending for the worse or the ... Read More

Loan Application Defect Index

Raising Rates Can Be Good For The Housing Market

By Mark Fleming on April 8, 2015
The Federal Reserve made waves by recently dropping the word “patient” from its outlook on interest rates. This simple, one-word change, indicates that the Federal Reserve could soon raise rates—which have been stuck at near-zero for over six years—as early as June. Once this happens, rates on everything else will increase with it. But here’s the ... Read More

Interest Rates

Is the housing market still underperforming? FOX Business

By Mark Fleming on March 24, 2015
First American Chief Economist Mark Fleming and Century 21 Real Estate President & CEO Rick Davidson discuss factors hurting home sales on FOX Business. Read More

In The News

Limited Equity Limiting Home Sellers from Entering the Market - CBS World News Roundup

By Mark Fleming on March 15, 2015
Over the weekend, you may have heard me on the radio on CBS World News Round Up. There’s nothing better than some housing market commentary while driving your children to their sporting events or picking up groceries for the week, right? Bad economist humor aside, the theme of our conversation remained why we believe the market dynamics are ... Read More

In The News