...who are behind on their property tax or hazard insurance by an amount up to $5,000 without calling the mortgage due and payable. Allowing mortgage servicers to assign a HECM...
Read More »Search Results for: insurance
Which U.S. Cities Have the Most Unpaid Mortgages?
...estate taxes; fire, hazard, and flood insurance on the property; utilities (electricity, gas, and water and sewer); and fuels (oil, coal, kerosene, wood, etc.). Click here for more information on...
Read More »Freddie Mac Reports $2.7B in Q3 Net Income
...Q3 of 2023, compared to Q3 of 2022, primarily due to the issuance of Multifamily Credit Insurance Pool (MCIP) and Structured Credit Risk (SCR) Trust note transactions. Just yesterday, Fannie...
Read More »The (Unattainable) American Dream?
...pay for private mortgage insurance. But with the typical U.S. home price close to $400,000, according to the National Association of Realtors, a 20% down payment works out to around...
Read More »Real Home Price Index Spikes by Nearly 25% YoY
...between buying and renting, it still remains cheaper to rent versus buying in the current market when factoring in additional home costs such as utilities, insurance, taxes, and maintenance. But...
Read More »Analyzing HUD’s RUSH Disaster Response Program
...$2 billion, encompassing insured losses to residential and commercial properties from wind and storm surge flooding. Storm surge losses do not include impacts to the National Flood Insurance Program (NFIP)....
Read More »The Week Ahead: Protecting Vets Through the VA Housing Program
...Appraisal Subcommittee on Appraisal Bias (Wednesday) MBA Weekly Applications Survey (Wednesday) Realtor.com Weekly Housing Market Recap (Wednesday) Freddie Mac Primary Mortgage Market Survey (Thursday) U.S. Department of Labor's Unemployment Insurance...
Read More »Property Value Uncertainty Pushes Commercial, Multifamily Mortgage Delinquency Rates Upward
...and properties.” MBA’s analysis of commercial/multifamily delinquency rates looked at five of the largest investor-groups: commercial banks and thrifts, commercial mortgage-backed securities (CMBS), life insurance companies, and Fannie Mae and...
Read More »Agencies Issue Final Rule to Modernize the Community Reinvestment Act
The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation (FDIC) have jointly issued a final rule to...
Read More »Feds Prep Large Financial Institutions to Brace for Climate-Related Risk
...Governors of the Federal Reserve System; and Federal Deposit Insurance Corporation (FDIC) have jointly finalized principles that provide a high-level framework for the safe and sound management of exposures to...
Read More »