Loss Mitigation

While the pace of federally funded projects to help hurricane and earthquake victims has quickened, White House disaster recovery representative Peter Brown is worried about long term efforts.

According to new research from Rice University, government buyouts of flood-damaged homes disproportionately benefit whiter, wealthier communities, even as low-income and minority homeowners are more likely to participate in such programs.

Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred $53 billion in credit risk on $1.4 trillion in mortgages.

In the Winter 2020 Highlights, the CFPB identified how servicers were violating loss mitigation notice requirements.

Much of Fannie Mae and Freddie Mac's foreclosure prevention actions were primarily through loan modifications.

As the Pearl River reaches historic levels, Jackson, Mississippi residents prepare their homes for impending damage.

Here’s how mortgage loss analysis can help mitigate negative impacts at the portfolio level.

FEMA says funds will be used for more than 50 projects to help reduce the “damage-rebuild-damage” cycle.

With mortgage delinquencies slow to recover following disaster, FEMA and the California Governor’s Office of Emergency Services is attempting to prevent disaster before it happens.

Ongoing tremors are forcing the reinspection of more than 7,000 homes on the island.