Disaster recovery

Sonoma County supervisors have signed off on a wide-ranging suite of policy changes intended to encourage construction of more new homes seven months after nearly 5,300 residences were lost here in last year's devastating wildfires.

Mortgage and title insurance companies licensed in New York need to file disaster response plans this year in line with increased state attention to business continuity planning.

It’s still not business as usual, but the decision to unify its two brands — Popular Community Bank on the U.S. mainland, Banco Popular in the U.S. territories — under a single, simpler name is a welcome sign that Puerto Rico’s largest bank is moving forward after the devastation of Hurricane Maria.

The percentage of Marion County, Fla., mortgages that are behind on payments was greater in November than it was in November 2016. This could be a residual effect of Hurricane Irma.

From responding to natural disasters to emerging technology strategies, here's a look at six top trends on the agenda for the 2018 MBA Servicing Conference.

The percentage of flood damage to residential properties from Hurricane Harvey that is uninsured is turning out to be a little higher than earlier estimates.

Loans late by 90 days or more are increasingly concentrated in parts of Florida, Georgia and southeast Texas as fallout from the storms continues to weigh on the market.

The House approved a five-year extension of the National Flood Insurance Program on Tuesday, but it remains unclear whether the Senate will seek to pursue its own bill. The program is due to expire Dec. 8.

The Canyon 2 wildfire has been contained for more than a week, but aftereffects from the 9,200-acre conflagration still are rippling throughout Orange County, Calif.

The Worcester City Council has asked the city administration to identify affordable housing that might exist for people resettling here from hurricane-battered Puerto Rico and the U.S. Virgin Islands.

The Federal Housing Administration has extended waivers on timelines for disaster-related re-inspections to properties in Puerto Rico affected by Hurricane Maria as well as other properties impacted by California wildfires.

The bill includes $16 billion in debt forgiveness for the National Flood Insurance Program and could benefit financial institutions’ customers in areas impacted by recent hurricanes and wildfires.

Mortgage lenders are urging the thousands of displaced homeowners to reach out to them in the aftermath of the devastating wildfires so fire victims can begin the process of either rebuilding or moving on, leaving behind the home they once had.

Texas is receiving $58 million from the Community Development Block Grant disaster recovery program that HUD administers.

A limited housing supply fueled by the San Francisco Bay Area's booming job growth and decades of slow construction has forced home values and rents to near record highs.

The destruction of scores of houses and apartments in the North Bay fires virtually guarantees that the affordable housing crisis in Marin County, Calif., is about to get even worse.

While the scale of destruction and suffering caused by Hurricanes Harvey and Irma is staggering, history suggests the local economy and housing markets in the affected areas will bounce back relatively quickly.

Over 172,000 homes in Napa and Santa Rosa, Calif., are at some level of risk from wildfires, according to CoreLogic.

Four neighborhoods hit hardest by Hurricane Harvey have limited resources and are in most need of federal, state and local assistance for property repair and rehabilitation costs.

Ginnie Mae mortgage-backed securities issuers can aggregate their portfolio's exposure to areas hit by the three recent hurricanes to qualify for its disaster relief program.