Beyond Four Walls: Conversations on Affordable Housing by the National Housing Conference, Dec. 9, 2024–David Dworkin National Housing Conference President & CEO David Dworkin welcomed Mortgage Bankers Association President & …
Category: Top National News
How Climate Risks are Driving Up Insurance Premiums Around the U.S.– Visualized
The Guardian (U.K.), Dec. 5, 2024-Oliver Milman, Andrew WitherspoonA mounting toll of severe hurricanes, floods, fires and other extreme events has caused average home insurance premiums to leap since 2020, …
Distressed Borrowers Up 14% This Thanksgiving
National Mortgage Professional, Dec. 4, 2024-Erica DrzewieckiBankruptcies continued to increase on an annual basis this November, reflecting ongoing affordability constraints not limited to skyrocketing homeowners insurance and higher mortgage rates.Click …
Mortgage Delinquencies Are Rising. FHA Borrowers Are Feeling the Impact
HousingWire, Dec. 4, 2024-Flávia Furlan NunesAfter hitting a historic low point in 2023, mortgage delinquency rates have been climbing rapidly in recent quarters, particularly within the Federal Housing Administration (FHA) …
Dec. 17: Ten Things Your Company Must Do in 2025
This webinar is part of MBA Education’s Garrett, McAuley & Co. Mortgage Banking Management Webinar Series.Most of us didn’t expect 2024 to be worse than 2023, but the second half …
All-Cash Buyers Are Still Snapping Up Homes. See Where They’re Buying.
The Washington Post, Dec. 2, 2024-Kevin Schaul and Rachel LermanIt takes more money than ever to buy a home in America right now. And nearly a third of home buyers …
Home Equity CLTVs Improve, Credit Scores and DTIs Worse
Home Equity Lending News, December 1, 2024Credit scores on home-equity products have declined by four points from a year ago, though a quarter-over-quarter improvement was observed.Click here for more
Frozen Home-Improvement Spending Could Take Time to Thaw
The Wall Street Journal, Nov. 26, 2024-Jinjoo LeeAmericans’ $35 trillion home-equity stash is a potential treasure trove for home-improvement retailers, if only stubbornly high borrowing costs would come down.Click here for …
The ‘Silver Tsunami’ Will Hit South Florida Even Harder
HousingWire, Nov. 30, 2024-Chris ClowCommunities across the country, particularly those that are popular among retirees, are seeing an influx of older residents as a “silver tsunami” — based on population …
Climate Change Drives Up Insurance Costs — and Missed Mortgage Payments
Louisiana Illuminator, Nov. 20, 2024-Mario Alejandro ArizaWhen Miguel Zablah bought his five-bedroom home in Miami’s leafy Shenandoah neighborhood in June of 2020, he said he paid $7,000 a year for …