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Loss Mitigation

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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Hurricane Heading North After Decimating Bahamas

hurricane vortex

CNN is reporting that Hurricane Dorian, now a Category 2 storm, is dropping heavy rains and winds along the eastern coast of Florida, and residents of Charleston, South Carolina, have been asked to evacuate.  Dorian is carrying maximum sustained winds ...

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President Donald Trump Meets With FEMA

President Donald Trump cancelled a visit to Poland to meet with FEMA officials at Camp David to discuss the response to Hurricane Dorian, which could put hundreds of thousands of East Coast homes at risk. 

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EAST COAST BRACES FOR DORIAN

hurricane storm surge

A new report shows that Hurricane Dorian could not only bring life-threatening winds to Florida and the Carolinas, but more than $100 billion in reconstruction costs.

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Zombie Homes are Nationwide

abandoned zombie home

Over 1.5 million (1,530,563) U.S. single-family homes and condos are vacant "zombie" properties. Find out where zombie properties are the most prevalent.

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Protecting Homes from Wildfire

Some of the most destructive wildfires in history occurred in 2018, and homes in wildfire-prone areas are still at risk. What do homeowners, investors, and insurers need to know about wildfires?

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