The Associated Press, Nov. 22, 2024-Alex VeigaLOS ANGELES — Rental homes will remain an attractive option next year to would-be homebuyers sidelinedClick here for more
Category: Top National News
Time for a Makeover: Trade Groups Want a Revamp of the Major Flood Insurance Program
HousingWire, November 21, 2024-Brooklee HanThe National Flood Insurance Program is up for renewal next month, but after more than 30 short-term extensions, housing trade groups want more. (MBA interview)Click here for …
Americans Are Investing in ‘Hurricane-Resistant’ Homes
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)
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