MPA, Feb. 7, 2025-Candyd MendozaMortgage delinquency rates climbed in the fourth quarter of 2024, with government-backed loans, particularly FHA and VA mortgages, showing the steepest increases, according to the Mortgage …
Category: Top National News

Map Shows Where California Homes Are Sliding Into the Ocean
Newsweek, Feb. 7, 2025A growing number of homes in Southern California are now at risk of sliding into the ocean, according to a new study by NASA researchers.Click here for more

State Farm Was All In on California—Until It Pulled the Plug Before the Fires
Wall Street Journal, Feb. 6, 2025-Jean Eaglesham, Susan PulliamThe insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, …

How the Agencies are Handling Pending Servicing Policies
National Mortgage News, February 6, 2025-Bonnie SinnockA trio of mortgage officials weighed in on servicing policy matters at an industry conference on Wednesday, addressing concerns raised by recent transitions in …

HELOC Line Utilization Linked to Loan Performance
Home Equity Lending News, January 24, 2025Research suggests that a primary differentiator between home-equity-lines of credit originated by depositories and HELOCs originated by non-banks is the level of line utilization …

Wildfire Zones Contain $11B Worth of Mortgaged Properties
National Mortgage News, February 3, 2025-Brad FinkelsteinHomeowners in the neighborhoods exposed to the Los Angeles-area wildfires are already showing signs of financial stress, daily mortgage data tracked by ICE Mortgage …

Listen: How Do Insurance Companies Determine the Value of Homes Destroyed by Wildfires?
NPR, Jan. 31, 2025-Nick FountainBefore people who lost their homes in the Los Angeles wildfires can rebuild, they need money. But how does an insurance company figure what a house …

How to Launch and Finance a Home Rebuild after LA County Wildfires
Orange County Register, Jan. 30, 2025-Jeff LazersonConsider what’s involved in construction financing, assuming you don’t have the liquid funds available to cover the cost of rebuilding. Construction loans can run …

‘We Have to Figure This Out’: Rising Flood Risks Delivers Double Blow to Communities With Housing Shortages
Politico, Jan. 29, 2025-Jordan Wolman, Catherine Allen and Jessie BlaeserA little-noticed flood last summer in an Illinois city that left one dead and swallowed up homes and businesses after heavy …

Bill Providing One Year of Mortgage Relief for L.A. Fire Victims Moving Forward
Los Angeles Times, Jan. 29, 2025-Laurence DarmientoState legislation that would make it easier for victims of the Los Angeles County fires to receive one year of mortgage relief will move …