The MBA reports that nationwide forbearance volume continues to drop, however the impact of Hurricane Ian may change that trend as servicers continue to report on the devastation from the storm.
Read More »Update: More Florida Counties Eligible for FEMA Aid
In the aftermath of Hurricane Ian, homeowners in four additional counties are eligible to apply for federal disaster assistance.
Read More »Examining States Most Impacted by Natural Disasters
In the aftermath of Hurricane Ian causing billions in damages to Florida and South Carolina, WalletHub's latest market report determines which states throughout the nation are most and least impacted by natural disasters.
Read More »Concern Over Climate Risk Factoring Heavily Into Home Relocation Plans
A new analysis by Redfin has found that 62% of those planning to buy or sell a home are reluctant to relocate to a place at risk of natural disasters.
Read More »New Hurricane Ian Damage Estimates Rise to $41B-$70B Range
CoreLogic’s latest examination of total flood and wind losses increases in the aftermath of Hurricane Ian, as uninsured residential flood loss alone is estimated in the $10-$17 billion territory.
Read More »Black Knight Launches Suite of Climate Risk Solutions
New offering will help identify properties impacted by natural disasters, while mitigating portfolio risk from future climate-related events.
Read More »Flood Risk Becoming More Prominent Industry Concern?
Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mortgage lending in those areas.
Read More »HUD Assists Florida Victims of Hurricane Ian
President Biden has issued a major disaster declaration for several Florida counties, after an estimated $22-$32 billion in wind losses for residential and commercial properties due to Hurricane Ian.
Read More »Hurricane Ian’s Potential Housing Impact
Despite being downgraded to a tropical storm while passing over Florida, Ian has intensified into a hurricane again as of press time, barreling towards the coast of South Carolina. Here’s what CoreLogic experts previously projected regarding potential reconstruction cost values of all homes impacted by Ian’s destructive path.
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