Housing Wire

JANUARY 15, 2025

Rising personal home insurance rates, fueled by escalating claims costs, increasing property values and the growing frequency of natural disasters, will all have a profound impact on market dynamics and homeowners insurance costs. In the first half of 2024 alone, insured losses hit $62 billion , 70% above the 10-year average.

Real Estate 366

Real Estate Insurance Marketing Clients 366

Housing Wire

JANUARY 28, 2025

These may be mortgages , tax liens, HOA liens, child support judgments, etc. Critical role of title insurance Thats where the story of title insurance begins. Title insurance policies solve these problems by protecting buyers against legal challenges to their ownership.

Insurance 417

Insurance Legal Government Real Estate 417

Housing Wire

JANUARY 10, 2025

Representatives from lenders and servicers, as well as individual originators, have told HousingWire s Reverse Mortgage Daily (RMD) that its imperative for borrowers to let their servicer know about anything that could impact the occupancy of their property due to the terms of Federal Housing Administration (FHA)-backed reverse mortgages.

Insurance 395

Insurance Mortgage Clients Finance 395

Housing Wire

FEBRUARY 27, 2025

American homeowners are struggling to keep up with unpredictable natural disasters and the rising homeowners insurance premiums that follow them. Residents are more willing to move if it means avoiding high insurance rates, according to a new study from mortgage technology company Maxwell.

Insurance 258

Insurance Property Taxes Technology Mortgage 258

Housing Wire

FEBRUARY 27, 2025

With the uptick in the severity and frequency of these natural disasters , as well as the rising costs to rebuild and reinsure, more real estate professionals and consumers are finding homeowners insurance to be a far greater concern than ever before. That has changed. The first is the frequency and severity of natural disasters.

Insurance 228

Insurance Property Taxes Construction Housing Market 228

Housing Wire

JANUARY 16, 2025

The Federal Communications Commission (FCC) this week warned consumers in all 50 states that fraudsters are posing as mortgage lenders by calling homeowners and asking them to pony up on payments. The FCC estimates that Green Mirage has impersonated over 400 mortgage lenders.

Mortgage 369

Mortgage Insurance Government Lending 369

Housing Wire

OCTOBER 21, 2024

The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. Big payouts from natural disasters are driving insurers to raise rates and pull back on coverage,” the report stated.

Insurance 497

Insurance Real Estate Agent Construction Development 497

Housing Wire

OCTOBER 24, 2024

Fast-growing mortgage servicing platform Valon has secured $100 million in a Series C funding round, the company announced this week. It is utilizing a cross-selling strategy that offers additional products to its existing customers in an evolving mortgage landscape.

Mortgage 448

Mortgage Real Estate Agent Technology Real Estate 448

Housing Wire

NOVEMBER 12, 2024

Cornerstone Financing , a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura. In 2013, Corn and his partners launched RMF , which became a leading reverse mortgage lender. 31 of that year.

Finance 365

Finance Mortgage Insurance Investing 365

Housing Wire

OCTOBER 18, 2024

” A combination of soaring insurance rates and new regulations on condo association reserves and building maintenance work has created a surge in condo inventory in Florida. One Florida mortgage broker said the Provident exit gave him “a feeling that we will see other major lenders exiting the condominium market in Florida.

Marketing 524

Marketing Mortgage Finance Lending 524

Housing Wire

JULY 25, 2024

Home insurance premiums have risen by as much as $865 this year for homeowners who originally purchased their policies in 2021. In response, the mortgage industry and federal regulators are aiming to determine the best courses of action to mitigate the financial burdens on both homeowners and insurance carriers.

Insurance 476

Insurance Mortgage Government Marketing 476

Housing Wire

JANUARY 13, 2025

The report is based on a sample of mortgage applications from 2018 to 2022, and it examines flood risk in the southeast and central southwest census regions of the United States, according to flood risk data from the Federal Emergency Management Agency (FEMA) and the First Street Foundation.

Insurance 370

Insurance Mortgage Marketing Real Estate 370

Housing Wire

AUGUST 22, 2024

The Federal Housing Finance Agency (FHFA) on Wednesday updated its capital requirements for private mortgage insurers and allowed rules established during the COVID-19 pandemic to sunset. According to the USMI, private mortgage insurers held more than $26.8 Companies will have two years to fully implement the changes.

Insurance 459

Insurance Mortgage Finance Construction 459

Appraisal Buzz

FEBRUARY 17, 2025

According to the Mortgage Bankers Association (MBA), approximately 20% ($957 billion) of $4.8 trillion of outstanding commercial mortgages held by lenders and investors will mature in 2025, a 3% increase from the $929 billion that matured in 2024. The post What Percentage of Commercial Mortgage Balances Will Mature in 2025?

Mortgage 351

Mortgage Real Estate Investors Retail 351

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Home affordability challenges presented the biggest challenge for home flippers.

Investors 429

Investors Mortgage Property Taxes Inventory 429

Housing Wire

FEBRUARY 13, 2025

Reverse mortgages were included in the assessment alongside options like Medicaid, Medicare, health savings accounts (HSAs), veterans benefits, LTC insurance and home equity loans. The reverse mortgage industry has aimed in recent years to position itself as a potential avenue to fund LTC directly or pay for LTC insurance.

Property Taxes 337

Property Taxes Mortgage HOA Insurance 337

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. These strong fund flows are resulting in tighter credit spreads, higher prices, and an increased focus on sourcing new originations.

Insurance 488

Insurance Mortgage Investors Finance 488

Housing Wire

OCTOBER 9, 2024

The home insurance marketplace has been facing a reckoning. And it raises questions about how more of these events could impact the mortgage industry. Rethinking the dynamic Taylor Stork, president of the Community Home Lenders of America (CHLA) and chief operating officer of Developer’s Mortgage Co.

Insurance 459

Insurance Mortgage Property Taxes Construction 459

Housing Wire

JULY 30, 2024

As the mortgage and real estate markets continue to face challenges, nearly 800,000 low down payment home purchases in 2023 leveraged private mortgage insurance (PMI), with first-time homebuyers accounting for 64% of the total. Mortgage Insurers (USMI). trillion in mortgages.

Insurance 459

Insurance Mortgage Finance Buyers 459

Housing Wire

SEPTEMBER 9, 2024

Homeowners insurance costs are higher now than they have typically been , which has the potential to hit those living on a fixed income particularly hard. A lot of my calls start with clients asking about whether or not they should get a reverse mortgage,” she told the outlet. She can’t afford to pay that any longer,” Calamia said.

Insurance 446

Insurance Mortgage Clients Finance 446

Housing Wire

JANUARY 27, 2025

It also operates outside of the regulatory purview of other home-equity tapping products, including the Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage ( HECM ). But HECM loans are insured and regulated by the FHA, and they are only available for homeowners who are at least 62 years old.

Contracts 369

Contracts Mortgage Property Taxes Law 369

Appraisal Buzz

DECEMBER 17, 2024

The most recent Commercial Delinquency Report from the Mortgage Bankers Association (MBA) shows that commercial mortgage delinquencies rose in the third quarter of 2024. These groups collectively own almost 80 percent of the outstanding debt from commercial mortgages. To read the full release, click here.

Mortgage 397

Mortgage Investors Real Estate Development 397

Housing Wire

MARCH 14, 2024

Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it failed to refund nearly $385 million in mortgage insurance premiums (MIP) to borrowers over a period of more than two decades. The lawsuit was previously reported by National Mortgage News and Law360.

Insurance 497

Insurance Mortgage Development Legal 497

Appraisal Buzz

MARCH 3, 2025

Artificial intelligence is beginning to play a positive role in the mortgage origination process from applications to verifications to valuations to closings and beyond, it is helping to speed processes and reduce the rate of error. But AI can be a double-edged sword, as there is also a rising risk of AI-driven fraud.

Mortgage 312

Mortgage Insurance Valuation Tools 312

Housing Wire

FEBRUARY 3, 2025

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

Mortgage 417

Mortgage Contracts Insurance Sellers 417

Appraisal Buzz

JANUARY 30, 2025

While some homeowners prioritize their mortgage payments, those who are not financially prepared may face significant challenges due to other essential and frequent expenses such as homeowners insurance, property taxes, utilities, repairs, and maintenance.

Buyers 335

Buyers Property Taxes Mortgage HOA 335

Housing Wire

JANUARY 13, 2025

Once out of harms way, we encourage homeowners in these affected areas to contact their mortgage servicer to learn about relief options. If homeowners have been impacted by the fires, we encourage them to call their mortgage servicer for assistance as soon as possible, she said in a statement.

Mortgage 397

Mortgage Legal Insurance Development 397

Housing Wire

NOVEMBER 19, 2024

The passage of the mortgage trigger lead bill as proposed in the U.S. The amendment addresses mortgage trigger leads , which occur when a potential borrower’s credit score is pulled for a new home loan application and credit bureaus sell the data to other companies interested in reaching the customer. included U.S.

Mortgage 397

Mortgage Legal Law Insurance 397

Housing Wire

JANUARY 24, 2025

Rocket Mortgage scored a big win this week after the Fourth Circuit on Thursday vacated a $10 million judgment in a class action over a decade old. Rocket Mortgage has faced other legal activity over the last year. The latest ruling from the U.S

Mortgage 368

Mortgage Legal Appraisal Valuation 368

Housing Wire

MARCH 11, 2025

Tomo Mortgage on Tuesday announced the closure of $20 million in Series B funding that was led by three existing investors and a new participant. The funding round was led by prior investors Ribbit Capital , DST Global and NFX along with new investor Progressive Insurance. The company is licensed in 31 states and Washington, D.C.,

Mortgage 340

Mortgage Investors Insurance Loan Officers 340

Housing Wire

JANUARY 22, 2025

Mortgage escrow accounts are an important, yet widely misunderstood asset in the housing market. Although 80% of mortgage holders have escrow accounts, only 60% fully understand them, up from 52% in early 2024. Almost half (44%) of respondents also said they would experience hardship if their mortgage payments increased.

Property Taxes 397

Property Taxes Insurance Mortgage Government 397

Housing Wire

JANUARY 21, 2025

After years of high interest rates, and price spikes, mortgage lenders are optimistic heading into 2025. Fannie Mae predicts a 28% increase in mortgage originations to $2.1 The Mortgage Bankers Association (MBA) also predicts that total origination volume will increase by 28.5%

Mortgage 369

Mortgage Investors Insurance Modernization 369

Housing Wire

NOVEMBER 19, 2024

The Bipartisan Congressional Real Estate Caucus is calling on the Federal Housing Finance Agency (FHFA) to cease its pilot program for title insurance waivers until the program is vetted and the agency seeks public input on it. The National Council of Insurance Legislators and 14 attorneys general have also pushed for its termination.

Insurance 418

Insurance Training Agents Real Estate 418

Housing Wire

DECEMBER 2, 2024

Mortgage rates remain high and for-sale inventory remains low, while an overwhelming majority of baby boomers (78%) stated in a survey from Redfin that they have no intention of moving out of their current homes. Older homeowners are also struggling with rising insurance premiums , particularly if they’re still paying off forward mortgages.

Insurance 418

Insurance Inventory Business Law 418

Housing Wire

FEBRUARY 3, 2025

The Tech100 Mortgage award recognizes the most innovative and impactful organizations driving the mortgage industry forward. More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending.

Mortgage 412

Mortgage Valuation Lending Technology 412

Housing Wire

MAY 14, 2024

The firm attributed its stronger results to better performance from both its F&G segment and its title insurance segment. In April, purchase open orders per day were up 4% over last year, but higher mortgage rates may temper purchase volumes going forward. The firm’s title segment reported $1.7

Insurance 476

Insurance Real Estate Sellers Housing Market 476

Housing Wire

FEBRUARY 5, 2025

Recent natural disasters such as the LA wildfires show that climate change risks can shift the real estate and mortgage industries on a dime. Jeremy Porter, the company’s head of climate implications research, said that homeowners insurance costs and migration patterns may also shift. by 2025 due to climate risks.

Real Estate 392

Real Estate Insurance Property Taxes Marketing 392