According to new research from Rice University, government buyouts of flood-damaged homes disproportionately benefit whiter, wealthier communities, even as low-income and minority homeowners are more likely to participate in such programs.
Read More »California’s Wildfire Insurance Impacting Housing
After being home to 16 wildfires just last October, what is the state doing to better protect homeowners from insurers trying to back out of areas prone to fires?
Read More »Fannie Mae Completes Final CIRT Transaction of the Year
The GSE's final Credit Insurance Risk Transfer transaction included $18.5 billion in unpaid principal balance of 15-year and 20-year original term fixed-rate loans.
Read More »NFIP’s ‘Head-Scratching’ Short-Term Extension
Here's why experts some experts have expressed confusion about the most recent short-term extension of the National Flood Insurance Program.
Read More »Housing Insurers Made to Stay
California state regulators have announced a one-year moratorium banning insurers from not renewing homeowner’s policies in areas impacted by wildfires.
Read More »Homeowners’ Insurance Knowledge Gap
While Americans believe natural disasters will become more frequent, many Americans lack insurance. How does this vary across generations?
Read More »The Danger Beyond the Storm
Florida may be known for a high volume of natural disaster-related damage, but according to a new study, storms aren’t the only risk factor to consider when it comes to Sunshine State housing.
Read More »Demand for Fannie Mae CIRT—’Among the Strongest Ever’
Fannie Mae's sixth Credit Insurance Risk Transfer (CIRT) transaction transaction is part of the GSE’s effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market. Click through to learn the full details of this latest transaction.
Read More »Earthquake Insurance on Shaky Ground
The July 4th weekend in Ridgecrest, California, was met with a series of quakes that rattled rural western California, along with sections of Nevada and Arizona. Ridgecrest—located approximately 122 miles northeast of Los Angeles—felt three quakes of magnitude 6.4, 5.4, ...
Read More »Homeowners are Neglecting Flood Insurance
Many homeowners may be facing financial difficulties in Dorian’s aftermath due to a lack of insurance, as many have dropped their insurance in the past several years.
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