National Mortgage News, Jan. 14, 2025-Brad FinkelsteinThe wildfires are expected to have a limited effect on loan pricing and delinquencies, but other expenses could rise, adding to the cost of …
Category: Top National News
Wildfires Prompt Reckoning for Homeowners Insurance Costs
National Mortgage News, January 14, 2025-Andrew MartinezThe devastating fires in Los Angeles could deliver a “substantial correction” to Californians’ property insurance bills.Click here for more (subscription)
Home Equity Finance Impacts Economy
Home Equity Lending News, Jan. 14, 2025Cash proceeds extracted from home equity find their way into the U.S. economy, stimulating activity and contributing to growth. But when real estate values …
Biggest US Banks Ready Mortgage Relief for Victims of Los Angeles Wildfires
Reuters, January 13, 2025-Niket Nishant, Saeed AzharJPMorgan Chase and Bank of America are preparing to ease mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple …
LA Wildfires Likely to Slow Down Mortgage Trades
National Mortgage News, Jan. 14, 2025-Brad FinkelsteinThe wildfires are expected to have a limited effect on loan pricing and delinquencies, but other expenses could rise, adding to the cost of …
Only Half Of FHA Borrowers Eligible For DPA Receive It
National Mortgage Professional, Jan. 7, 2024-Lew SichelmanDown payment assistance (DPA) is an important tool for helping to qualify borrowers who struggle to to raise enough money for a down payment …
Interest Rates in 2025: Where Are They Headed?
Commercial Observer, January 6, 2025-Brian PascusIn life, we’re told the only guarantees are death and taxes. While not nearly as morbid nor pessimistic, in commercial real estate, the only promise …
CFPB Unveils Rule to Erase Medical Debt From Credit Reports
HousingWire, Jan. 7, 2025-Flávia Furlan NunesAmid a regulatory push ahead of the White House transition, the Consumer Financial Protection Bureau (CFPB) unveiled a new rule on Tuesday to eliminate medical …
Thousands Flee as Wildfires Burn Out of Control and Destroy Homes Across the Los Angeles Area
The Associated Press, Jan. 8, 2024-Jaimie Ding, Christopher Weber and Julie WatsonMultiple massive wildfires tore across the Los Angeles area with devastating force Wednesday, destroying more than 1,000 structures and …
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
The Wall Street Journal, Jan. 9, 2024-Jean Eaglesham and Joe FlintNick Ramirez hunched over a screen in his Los Angeles insurance agency, watching a map tracking the raging wildfires engulfing …