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Loss Mitigation

Houston Updates Building Codes in Floodplain

According to the National Hurricane Center, Hurricane Harvey caused $125 billion in damage during its rampage in August 2017. The storm killed damaged 203,000 homes and destroyed 12,700. Eight months after the storm, the recovery continues—and that recovery is about ...

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LoanCare Welcomes EVP of Strategy and Business Development

LoanCare, a national provider of full-service subservicing and interim subservicing headquartered in Virginia Beach, Virginia, announced that Rodney Moss will succeed Gene Ross in the role of EVP of Strategy and Business Development.

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Finicity Partners with Ellie Mae

Utah-based Finicity, a financial data aggregator specializing in credit decisioning, has announced an integration agreement with Ellie Mae, the cloud-based platform provider for the mortgage finance industry, to provide Finicity’s digital asset verification solution through Ellie Mae’s Encompass platform. The ...

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Home Valuations After Disaster Strikes

Now and then, Mother Nature reminds us of her power—but 2017 was outrageous. It was a record-breaking year for disasters. According to a recent New York Times report, the combined insured losses from Hurricanes Harvey, Irma, and Maria accounted for ...

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Drop-In Centers Working to Assist Hurricane-Impacted Texans

It’s been six months since Hurricane Harvey made landfall in Texas, but many residents in the South Texas area are still trying to recover from the storm’s impact. Post-storm mortgage delinquencies spiked as affected homeowners missed payments or worked to ...

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The Long-Term Impact of Hazard Mitigation

Benjamin Franklin once said that “an ounce of prevention is worth a pound of cure.” As regions such as Texas, Florida, California, and Puerto Rico struggle to recover from damaging natural disasters, the implications of those words for the mortgage, ...

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