LoanPerformance Touts New HPI

First American LoanPerformance, San Francisco, has announced the introduction of the TrueStandings Home Price Index, which it calls "the most comprehensive source of real estate price trends" for mortgage professionals.TrueStandings HPI incorporates more than 30 years of repeat sales transactions representing more than 45 million observations from a property information database owned by LoanPerformance's parent company, First American CoreLogic. The index provides monthly home price indices and median sales prices covering all states and the District of Columbia, 7,373 ZIP codes, and 640 counties, the company said. "TrueStandings HPI is produced monthly with only a five-week lag after month end, giving clients a more timely and accurate view of trends, as compared to quarterly indices," said Dan Feshbach, president and chief executive officer of First American LoanPerformance. "With roughly double the geographic coverage and more price tiers than its competitors, TrueStandings HPI leads the market in analytical breadth and precision." The company can be found online at http://www.loanperformance.com.