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Loss Mitigation

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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DIMONT Poised for Growth in Mortgage-related Insurance Services

The 2017 hurricane season destroyed thousands of homes, driving activity within the mortgage sector. Dallas-based DIMONT is part of the solution, actively helping borrowers settle claims with its expert team, evidenced by the recovery of more than $2 billion in hazard claims proceeds since 2010.

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Evolution of Cybersecurity

Companies in high-profile industries such as finance, aerospace, military, and housing and mortgage servicing need to be more aggressive with security measures as the risks are generally higher when handling and storing confidential data.

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California Wildfires Cause Dire Housing Inventory Shortage

As wildfires consumed the California region, home price continues to rise as home supply decreases. Those living in the Northern region are struggling to re-enter the market after nearly 6,000 homes and businesses in Northern California were destroyed.

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Could There Be Racial Disparities in Bankruptcy?

A new report looked into the possibility of racial disparity in bankruptcy filings by both ZIP codes and the chapter of choice in which the bankruptcies are filed. Take a look at the findings here.

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Home Insurance Risk Stabilizing

Home insurance is a risk-based operation, and evaluating, understanding, and measuring those risks are key efforts to mitigating them. Which is why LexisNexis released its Home Trends Report, to help industry experts understand the current state of the market.

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Altisource CRO Talks Microbubbles

DS News recently sat down with Altisource Portfolio Solutions’ Chief Revenue Officer John Vella to discuss the challenges servicers are experiencing in the market as well as the possibility of regional microbubbles following the recent hurricanes in Texas and Florida. Take a look at what he had to say in this exclusive interview.

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Legal League 100: Professionalism Brings Success

Celebrating a decade of representing financial-services law firms and over 120 members, Legal League 100 met Wednesday for their Fall Summit. Five Star President and CEO attributed this success to one thing: professionalism.

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