Texas

There will be fewer mortgage loans going into default in the next year as home prices continue to rise and more people get jobs, CoreLogic said.

Hurricane Irma could potentially affect more private-label mortgage securities collateral than any other recent storm.

Over one-quarter of all mortgages in the areas affected by Hurricane Harvey are likely to become delinquent because of the storm, according to an analysis from Black Knight.

Just a week after Hurricane Harvey struck Houston, Irma Jalifi was doing something that might sound crazy: closing on a home.

Dallas-area home prices were up 6.9% in the latest annual comparison by CoreLogic, just slightly ahead of the 6.7% nationwide gain in July compared with July 2016.

Mortgage companies in Florida are bracing themselves for the potential landfall of Hurricane Irma, which has followed close on the heels of Hurricane Harvey.

The Federal Home Loan Bank of Dallas is providing $6.7 million in grants along with $1 billion in additional advances to its members as part of its Hurricane Harvey relief efforts.

“You can’t serve the public if your employees are shellshocked,” said one top banker, comments echoed by other institutions dealing with the aftermath of Hurricane Harvey.

Armada Analytics, a commercial real estate underwriting and asset management services provider, acquired Anabranch Flood, a provider of flood risk assessment services.

The long-term recovery for thousands of Texans whose homes were decimated by Hurricane Harvey rests with a Trump administration government outsider who wants his agency's budget cut by billions of dollars.