Even though last year’s hurricane season is behind us, the aftermath from 2017’s damaging storms continues to be felt both on the ground where the storms made landfall and throughout the housing and mortgage industry still dealing from the fallout ...
Read More »90-Day Delinquencies Experience Largest Monthly Increase in 9 Years
According to mortgage delinquency data compiled by Black Knight, Inc., in November 2017, 90-day delinquent loan inventory saw the largest month-over-month increase in nine years due to the impacts of Hurricanes Harvey and Irma.
Read More »HUD Relief Coming to Florida and Texas, But When?
With thousands of uninsured or underinsured homeowners trying to rebuild after this year’s natural disasters, how is HUD’s grant money being disbursed, and what does it mean for those affected?
Read More »Investor Urges Owners to “Quick Close” Homes
Certain investment practices of buying homes for cents on the dollar are being viewed as capitalizing on the damages caused by the recent hurricanes, according to a recent article, but other organizations have a different plan to aid homeowners. Investors ...
Read More »Industry Reacts to September Employment Report
The U.S. Department of Labor released its September 2017 Employment Situation Friday revealing how real estate, mortgage, and construction jobs faired over the month. Take a look at how industry experts are interpreting the data.
Read More »Charting the Path Forward
The housing market is no stranger to disaster—especially Hurricanes. But 2017 brought to light new challenges facing the industry: Hurricane Harvey, a record-breaking storm, and Hurricane Irma that followed barely a week later on the coat-tails of its predecessor. Editor’s Note: This article was originally featured in the October issue of DS News, available now.
Read More »Mr. Cooper Supporting Customers Affected by Harvey and Irma
In the aftermath of a natural disaster, the dream of homeownership is shaken as people face the challenge of rebuilding their homes and their lives. But in the face of hardship, the industry continues to band together in various ways. This story is just one of many.
Read More »Readjusting After the Storms: Fed Rates
In their most recent projections, The Fed indicated one more rate hike in 2017. However, the implications of Hurricane Harvey and Irma hitting the U.S. coast could mean a holding back through the end of the year.
Read More »Mortgage Industry Springs into Action for Irma
Hurricane Irma, the biggest hurricane recorded in the Atlantic Basin, hit the Florida Keys Sunday morning leaving a path of destruction behind it. Many in the mortgage industry have stepped in to help.
Read More »Homeowners in Florida Brace for Irma
Hurricane Irma is speculated to hit Florida Sunday, but with uncertainties for the future of the National Flood Insurance Program, Florida may be in danger of experiencing the full consequences of lapsed insurance.
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