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 …
Category: Top National News
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 …
Auction.com: Foreclosure Auction Volume Falls in Q4
Auction.com, Irvine, Calif., reported that the supply of properties available to buy at foreclosure auction hit a three-year low in Q4 2024.
Finding Money to Rebuild After Disasters
The Housing Scene, Jan. 24, 2025-Lew SichelmanHurricanes, tornadoes, floods and wildfires have become all too common. No part of the country seems immune.If you’re struck by one of these disasters, …
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 …
CFPB Amicus Brief Seeks HEI Credit Regulation, But Unlikely Without Changes
Home Equity Lending News, January 23, 2025-Colgate Selden In the Amicus Brief filed last week by the Consumer Financial Protection Bureau for a lawsuit against Unlock Partnership Solutions, the regulator …
Nonbank Share of GSE Servicing Up Again in 4Q
Inside Mortgage Finance, January 23, 2025-Dennis HollierNonbanks handled 60.1% of the $6.56 trillion of GSE single-family servicing as of the end of 2024.Click here for more (subscription)