You’d think that when analyzing wildfire risk, California would be at the top. But a CoreLogic analysis of additional factors, such as reconstruction resources and economic recovery potential, found that Idaho and Wyoming are the states at most risk.
Tag: Research Institute for Housing America
MBA RIHA Climate Change Report: Mortgage Industry Needs to Improve Risk Management Measurements
Climate change triggered by global warming will continue at an unpredictable pace and will add stress to the complex system of allocating risks across housing and housing finance stakeholders, according to a new research report released Thursday by the Mortgage Bankers Association’s Research Institute for Housing America.
MBA Chart of the Week Aug. 16 2021–Aggregate Back Rent Owed
This week’s MBA Chart of the Week zeroes in on households who missed rental payments in June. The chart plots a) the distribution of those households by the number of payments they have missed since the onset of the pandemic; and b) an estimate of the aggregate dollar volume of back rent owed by those households.
RIHA: Fewer Households Missed Housing Payments in Second Quarter
Slightly under five million households did not make their rent or mortgage payments in the second quarter, updated research from the Mortgage Bankers Association’s Research Institute for Housing America reported.
MBA RIHA Study: Older Homeowners, College-Educated Individuals More Likely to Leave Workforce After Job Loss
Older college-educated homeowners are two times more likely to leave the workforce after a job loss than renters, according to a new research report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America.
The State of the Nation’s Housing: Millions Face Risk of Eviction or Foreclosure
Households that weathered the pandemic without financial distress are “snapping up” the limited supply of homes for sale, pushing up prices and excluding less-affluent buyers from homeownership, the Joint Center for Housing Studies at Harvard University reported Wednesday.
RIHA: Less Than 10% of Homeowners, Renters Have Missed Multiple Payments During Pandemic
Slightly under five million households did not make their rent or mortgage payments in March, an improvement from December 2020 and the lowest number since the onset of the COVID-19 pandemic, new research from the Mortgage Bankers Association’s Research Institute for Housing America reported.
Fitch: Risks to Affordable Multifamily Housing Remain Despite Stimulus
Fitch Ratings, New York, said rental assistance provided under the American Rescue Plan will help renters and multifamily property landlords, but the extent to which the ARP can keep delinquencies low is uncertain, as the amount of unpaid back rent is difficult to estimate due to lack of data.
MBA RIHA Study: Affordability Growing Challenge for Low-, Moderate-Income Renters in Majority of Top 50 Metro Areas
Home prices and rent appreciation have exceeded income growth since the turn of the 21st century. This has created economic obstacles for many American households, especially for low- and moderate-income renters living in cities with recent employment growth but significant housing supply constraints.
MBA Letter Outlines Fiscal 2021 Budget Priorities
The Mortgage Bankers Association, in a Feb. 10 letter to the House Financial Services Committee, outlined several priorities it supports as the committee wrestles with its markup of the federal government’s fiscal 2021 budget.