Christine Chandler, 2025 MBA Chair-Elect and Chief Credit Officer and Chief Operating Officer at M&T Realty Capital Corp., discussed hot topics in the servicing industry during her opening remarks at MBA’s 2025 Servicing Solutions Conference & Expo.
Tag: Insurance

MSCI: Insurance Taking Bigger Bite from Commercial Property Income
Higher insurance premiums are increasing commercial real estate operating costs and cutting into net operating income, according to MSCI, New York.

CoreLogic: 33,000 Homes Face ‘Triple-Threat’ From Natural Disasters
CoreLogic, Irvine, Calif., reported that across the U.S., 33,000 homes face a triple threat–essentially, year-round extreme risk from three natural disasters.

Nationwide: Home Renovations Popular, but Many Owners Fail to Update Insurance
Nationwide, Columbus, Ohio, conducted a Homeowners Survey, finding 51% of respondents say they have completed a major home renovation project within the past two years.

S&P’s Property/Casualty Insurance Sector View Improves On Stronger Earnings, Capitalization
S&P Global Ratings, Princeton, N.J., said its sector view for U.S. property and casualty insurance has improved from negative to stable.

ValuePenguin: Winter Weather Property Damage Already at $61.8M in 2024
As we head into the winter months in much of the United States, ValuePenguin, a division of LendingTree, Charlotte, N.C., put out a report on winter weather damage. So far, winter weather has caused an estimated $61.8 million in property damage in 2024.

Offices, Insurance Top Commercial Servicing Conversations, Panel Says
NEW ORLEANS–Looking at servicing in the current commercial market, offices and insurance issues are top of mind. That’s per a panel at the Mortgage Bankers Association Commercial/Multifamily Finance Servicing and Technology Conference, here, May 20.

Redfin: Florida, California Homeowners See More Insurance Changes
Redfin, Seattle, recently reported 70.3% of Florida homeowners and 51% of California homeowners say they or the area they live in have been affected by rising home insurance costs or changes to coverage over the past year.

Fannie Mae: Consumers Worry About Extreme Weather on Homes, Insurance Premiums
Nearly half of Americans surveyed expressed concern about the impact of extreme weather events on their homes–especially about excessive wind and heat–according to Fannie Mae, Washington, D.C.

FHFA to Host Multifamily Insurance Symposium; Agency Official Talks Other 2024 Priorities–#MBACREF24
SAN DIEGO–Amid rising premiums and natural disasters, it’s no surprise that insurance is a big concern for the multifamily industry. With that in mind, the Federal Housing Finance Agency’s Siobhan Kelly announced the agency will hold a multifamily insurance symposium March 13–with both in-person and virtual options–to brainstorm solutions to insurance issues.