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 …
Category: Top National News
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)
Gov. Gavin Newsom Announces Mortgage Relief Commitments from Major Lenders to Help Wildfire Survivors
CBS News, Jan. 19, 2025-Chelsea HyltonCalifornia Gov. Gavin Newsom announced commitments from five major financial institutions that will offer mortgage relief for property owners affected by the Los Angeles area …