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New-Home Construction in Areas at Risk of Wildfire

According to data related to wildfires, new homes continue to be constructed in high risk areas. Cape Analytics used artificial intelligence to analyze wide swaths of geospatial imagery to help insurers and other companies better understand properties and property risk, ...

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Millions Missed Housing Payments Last Month

In estimating how much distress the COVID-19 crisis has brought upon homeowners, the Mortgage Banker's Association (MBA) determined, via its Research Institute for Housing America (RIHA), that some 6 million households missed rent or mortgage payments in September. Though the ...

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Working at the Speed of Necessity

Editor's note: This story originally appeared in the October edition of DSNews, out now. There is nothing like a pandemic and life-and-death consequences to accelerate innovation. This is especially true in the pharmaceutical and medical field, where scientists are rushing to develop a vaccine for COVID-19. Surprisingly, it’s also true in the appraisal industry.  As the ...

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Tracking the Week’s Forbearance Activity

GSE loans

After last week’s news regarding the significant drop in forbearance volumes, the market saw an uptick of 19,000 loans this week. Black Knight’s McDash Flash Forbearance Tracker shows that though volumes increased week-over-week, there is still reason to be optimistic ...

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Is COVID-19 Really Causing Migration to Suburbs?

Reports that COVID-19 is causing a migration from urban centers to suburbs abound, but are those stories entirely accurate? First American Chief Economist Mark Fleming recently revealed his insights regarding those rumors about pandemic-driven migration in America. Specifically, Fleming weighed ...

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Banks Report: ‘Better-Than-Expected’ Q3 Results

The major banks this week reported Q3 returns. For top three U.S. banks—Bank of America, Wells Fargo, and Goldman Sachs—NASDAQ summarized that " results were notably better than expected" but "mixed." JPMorgan Chase also reported better financial performance than was ...

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What Happens When Forbearance Programs Expire?

mortgage loans performance

Moratoria and the CARES Act have effectively halted foreclosure activity—those filings are at an all-time low—but the numbers "are artificially low," analysts say. Some predict a significant "burst" once government programs expire.  ATTOM Data Solutions, which collects and analyzes foreclosure data, ...

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