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Loss Mitigation

Dorian Could Bring Losses of More Than $1B

hurricane storm surge

Insurance Business America reports that insured losses from Hurricane Dorian in the U.S. could be between $500 million and $1.5 billion, according to estimates from analytics firm RMS.  The projection represented insured losses associated with wind and storm-surge damage, as ...

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Homeowner Debt and HELOCS

Personal loan volume increased threefold between 2011 2018, but according to a new report, U.S. homeowners have significant opportunity to use HELOCs to replace higher cost sources of credit.

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The Risks of Real Estate Fraud

Undisclosed real estate fraud, when an applicant intentionally fails to disclose additional real estate debt or past foreclosures, decreased in Q2, but according to CoreLogic, this fraud type is still one of the msot common forms of real estate fraud.

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FHA Loans to be Focus of Next Webinar

Industry leaders from Equator, BSI Financial, and LoanCare will discuss the workings of FHA loans during DS News’ latest webinar, “A Step Ahead: Advances in FHA Modeling,” set for 1 p.m. CDT on Thursday, September 12.  According to Altisoure’s “State ...

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Report: No Immediate Impact on RMBS From Dorian

hurricane storm surge

A new report by Fitch Ratings states that Hurricane Dorian is not expected to impact either commercial mortgage back securities (CMBS) or residential mortgage backed securities (RMBS) due to pool diversification, servicer advancing, and insurance coverage.  Hurricane season, though, does ...

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