Natural disasters impact investors, service providers, mortgage servicers, government agencies, legal professionals, lenders, property preservation companies, and homeowners. Here's how the Agency is preparing to operate during the upcoming hurricane season and COVID-19 pandemic.
Read More »Coronavirus Hinders Rebuilding Efforts
After more than 40,000 structures were affected by the recent string of tornadoes across the Southeast U.S., a new report identified the unique challenges added by COVID-19 to the recovery efforts.
Read More »Disaster-Struck Areas Recovering From Delinquency
These areas, after recovering from storms and wildfires, are starting to see their default rates decline drastically.
Read More »Tennessee Tornadoes Property Damage Hits $1B
The storms destroyed numerous residential and commercial properties in the Nashville area.
Read More »NFIP Issued $400m in Reinsurance Protection
FEMA transferred the National Flood Insurance Program’s flood risk to the capital markets through the issuance of its third catastrophe bond transaction
Read More »Puerto Rico Disaster Recovery Speeding Up
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.
Read More »FEMA Funding $2M Wildfire Mitigation Program in California
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.
Read More »Disasters and Defaults: A Retrospective
A new report analyzed the economic impact of rising rates of natural disasters in the last decade, including the increased delinquencies in the years following major storms.
Read More »The Next Steps for NFIP
Here's why the future of the National Flood Insuance Program and private flood insurance depends on data and technology.
Read More »Over $2T Worth of Homes at Risk of Wildfire Destruction
California has faced a significant number of wildfires this year, and according to Redfin, these counties are the most at risk, due both to location and the value of homes.
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