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Condominiums have long been a staple for anyone seeking a slice of Florida real estate on a budget, but safety legislation that passed earlier this year in the wake of the deadly Surfside building collapse could plunge the condo market into turmoil.
December 28 -
Dianne Dobbeck, head of the Federal Reserve Bank of New York's supervision group, said the banking system is sound, but potentially destabilizing risks must be monitored and addressed.
December 1 -
As the share of forborne loans increased for the first time in more than two years, servicers are cautiously eyeing data trends but appear equipped to handle storm-related distress.
November 22 -
While most would consider where their next house will be due to natural disasters, only two in five would move from their current property, Freddie Mac said.
October 6 -
The operational melding of highly regulated banks and less-regulated fintechs led acting Comptroller of the Currency Michael Hsu to warn of the potential for another financial crisis.
September 7 -
Low-income housing tax credits that incent the creation of affordable apartment units have provisions that make buildings less susceptible to damage from natural disasters, but they’re not consistent, Freddie Mac found.
July 22 -
While the appeal of homeownership and larger spaces led property values in many fire-prone regions to surge to new records, those areas are also seeing more frequent price drops, Redfin says.
June 6 -
The Federal Housing Finance Agency has indicated that lenders will be required to demonstrate policies addressing the risk on business.
May 23 -
Two progressive Democratic senators said they oppose the renomination of Federal Reserve Chair Jerome Powell to a second term, joining Elizabeth Warren in urging President Biden to choose someone else.
November 19 -
Meanwhile, nearly half of consumers are more worried about severe weather now compared to five years ago, according to Realtor.com.
September 27