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Tag Archives: hurricanes

Analyzing the Reach of Flood Insurance

flooding

The number of homeowners with flood insurance has decreased in the past ten years, but many homeowners are turning to private policies instead of the National Flood Insurance Program. See what factors drive flood insurance policy purchases.

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FHA Provides Relief to Hurricane-Affected Homeowners

An updated policy on default and foreclosure for FHA loans is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.

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Mortgage Servicing Industry Braces for Next Disaster

hurricane storm surge

With natural disasters causing more than $300 billion in damages last year, the industry is looking ahead to whatever comes next. This July, a Disaster Preparedness Summit will work to establish a game plan for responding swiftly and efficiently to future disasters.

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Coastal Flooding—A Trillion-Dollar Threat

flooding

Last year’s devastating hurricanes were just a preview of climate change-related problems yet to come, according to a new report. Just how many homes could be in the crosshairs of flood risks in the decades to come?

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