CNN, Nov. 12, 2024-Oscar HollandFlood insurance in hurricane-prone Crystal River, Florida would have cost Gene Tener $12,000 a year.Click here for more (subscription)
Category: Top National News
Dropping Homeowners Coverage Could Prove Costly
The Housing Scene, Nov. 15, 2024-Lew SichelmanIf you’re a homeowner who’s considering canceling your insurance coverage due to the high cost, think twice. Your lender will most certainly object, assuming …
MMI Fund Capital Reserve is Now 5X Larger Than Required
HousingWire, November 15, 2024-Chris ClowHUD and the FHA reported a solid year of financial performance for the Mutual Mortgage Insurance Fund, covering FHA’s Title II Single Family Mortgage Insurance programs. …
U.S. Inflation on the Rise Again
MPA, Nov. 13, 2024-Fergal McAlindenU.S. inflation ticked upwards in October, although likely not by enough to take a December interest rate cut by the Federal Reserve off the table.Click here for …
Natural Disaster Looming? Here’s What You Can Do to Start Recovery
Miami Herald, Nov. 12, 2024-Lew SichelmanThese days, disasters such as wildfires, tornadoes, floods and hurricanes are more powerful — and more frequent — than ever. It’s increasingly likely that wherever …
Housing Shortage Fuels Home Equity Boom
MPA, Nov. 18, 2024-Candyd MendozaAmid low housing inventory and rising debt, more homeowners are turning to their home equity to strengthen their financial standing, according to a recent TD Bank …
Longer-Term Mortgage Delinquencies Increase
MPA, Nov. 8, 2024-Candyd MendozaMortgage delinquencies inched up over the past year, largely due to a rise in longer-term delays, according to the Mortgage Bankers Association’s latest National Delinquency Survey.Click …
Watch: MBA’s Ashley Yarabinec on Career Advancement Opportunities for Young Professionals
HousingWire, Nov. 7, 2024The future leaders of the mortgage industry are being developed today through opportunities like the Mortgage Bankers Association’s mPact group.Click here for more
Vacant Houses Must Be Registered — Even Seasonal Ones
The Housing Scene, November 8th, 2024–Lew SichelmanAccording to data from LendingTree, more than 5.6 million housing units currently sit empty in the nation’s 50 largest metro areas. Soon, many of …
It’s Official! FICO Raises Score Price to $4.95
HousingWire, November 6, 2024–Flávia Furlan Nunes and James KleimannFair Isaac Corp. (FICO), the company that retains the rights to the market’s widely adopted consumer credit-risk assessment methodology, announced on Wednesday …