August Indexes Show Price Gains

The Federal Housing Finance Agency released its price index for August, showing a 0.6% month-to-month gain and a 5.6% annual gain in U.S. house prices.

FHFA: Home Prices up 0.8% in July

The Federal Housing Finance Agency’s House Price Index indicated prices rose 0.8% in July from June and 4.6% year-over-year.

Natural Disasters, Insurance Landscape Cause Industry Disruptions, Panelists Say

WASHINGTON–Amid a cascading series of natural disasters, the homeowners’ insurance market has been seriously disrupted, and is likely to remain that way for the foreseeable future, panelists said at the Mortgage Bankers Association’s Compliance and Risk Management conference.