WHQR, Oct. 14, 2024-Kelly KenoyerClimate change has driven rising insurance rates for all kinds of real estate, but especially in the coastal Southeast where hurricanes are a threat. Low-income housing …
Category: Top National News
Insurance ‘Nightmare’ Unfolds for Florida Homeowners After Back-to-Back Hurricanes
NBC News, Oct. 13, 2024–Rob WileFresh off the one-two punch of Helene and Milton, hurricane victims in Florida — even those with insurance — face a challenging recovery. The insurance …
Florida’s Home Insurer of Last Resort Is in Serious Trouble. Will Milton Put It Over the Edge?
CNN, Oct. 11, 2024-Elisabeth BuchwaldAn exodus of national insurance companies from Florida, combined with local private insurers canceling plans, has left many homeowners there with only one option: Citizens Property …
Middle-Class Homeowners Are Increasingly Squeezed by Housing Costs
NBC News, Oct. 14, 2024-Jasmine CuiThe share of middle-class Americans who are buying wallet-squeezing homes has more than doubled in the previous 10 years.Click here for more
Severe Storm Fallout Could Destabilize the Intersection of Mortgage and Insurance
HousingWIre, October 9, 2024–Chris ClowThere were already signs of instability due to extreme weather events, and the ravages of hurricanes Helene and Milton threaten to make it worseClick here for more
Asurity’s Diane Jenkins: CFPB Issues Proposed Servicing Rules Aimed at Streamlining Loss Mitigation Process
As most servicers are well aware, the Consumer Financial Protection Bureau recently issued new proposed servicing rules essentially overhauling the existing loss mitigation process.
CEOs You Should Know: MBA President and CEO Robert Broeksmit, CMB
CEOs You Should Know podcast, Oct. 1, 2024–Dennis GlasgowMBA President and CEO Robert Broeksmit, CMB, joined Dennis Glasgow on iHeartRadio’s CEOs You Should Know Podcast to share his origin story, …
The Great Florida Migration Is Coming Undone
The Wall Street Journal, Oct. 7, 2024-Deborah AcostaAnthony Holmes was part of the great Florida migration. In 2021, he moved from Virginia to a gated suburban community in Tampa.Click here for …
Nearly Half of U.S. Homebuyers Use This Strategy to Lower Their Monthly Mortgage Payments
CNBC, Oct. 4, 2024-Mike WintersWith homes becoming increasingly unaffordable, more buyers are using an increasingly popular strategy to lower their mortgage rate.Click here for more
Thousands of Uninsured Homes Were in Helene’s Path
Washington Post, Oct. 4, 2024–Kevin Crowe, Shannon Osaka and Molly Hennessy-FiskeOn average, just a tiny fraction of households in the inland counties hit hardest by Hurricane Helene and its remnants …