“Homeowners living in areas where insurance premiums are surging are at risk of seeing their properties gain less value than homeowners in areas with stable premiums—and in some cases, they may even lose money,” --Redfin Chief Economist Daryl Fairweather.

MISMO, the real estate finance industry’s standards organization, announced that it is seeking comment on the latest version of the MISMO Life of Loan Process Model. The 60-day public comment period runs through June 18, 2024.