The MBA reports that the share of mortgage loans in forbearance fell to 0.44% nationwide in June, with nearly 80% of that total citing pandemic-related reasons for their forbearance.
Read More »Collaboration Between Professor and Students Take on Mortgage Climate Risk
Professor Clifford Rossi called the project "the finest student presentation on a highly technical subject I have ever been involved with."
Read More »Forbearance Volume Rises for First Time in 29 Months
The impact of Hurricane Ian in the Southeast U.S. forced the share of mortgage loans in forbearance slightly upward in October, as an approximately 350,000 U.S. homeowners are now in forbearance plans.
Read More »Pace of Forbearance Exits Slows in September
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 »Government Regulators Make Progress in Addressing Climate-Related Risks
A brand-new scorecard, researched and released by Ceres, shows that federal financial regulators are taking numerous and broad steps to tackle the financial risks of climate change, as outlined by the Biden Administration, in a “clear sign” of regulatory process ...
Read More »The Week Ahead: Analyzing Risk in Seismic Zones
An upcoming webinar will discuss the issues faced by those assessing risk and insurance obstacles homeowners face in areas prone to earthquakes.
Read More »HUD Dedicates $2B+ Toward Disaster Recovery Efforts
Federal financial assistance will be shared among 10 states, as the Biden Administration continues to seek long-term solutions related to climate change issues.
Read More »How Natural Disasters Are Influencing Housing Choices
Three in four recent homebuyers report that concern over the threat of natural disasters impacts their housing decisions, according to a new survey.
Read More »Risks for Homeowners Outside FEMA Flood Zones
New data says more properties could be at risk for damage than initially estimated.
Read More »Communities Face an Active Hurricane Season Amidst COVID-19
Both preparations and recovery could face complications due to the spread of the coronavirus.
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