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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.
October 6 -
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.
October 6 -
Incenter Mortgage Advisors is brokering on behalf of an unnamed mortgage banker an almost $10 billion mortgage servicing rights package that includes $870 million in loans with hurricane exposure.
October 5 -
Hurricane Irma will have more of an impact on Ginnie Mae securities than Harvey or Maria, a recent analysis by the government agency shows.
October 4 -
The Key West City Commission held tight to its majority’s desire not to raise taxes, particularly after the island was battered by Hurricane Irma.
September 28 -
Builder D.R. Horton is revising estimates for cash-flow from operations, certain expenses as a percentage of revenue and its backlog conversion rate in response to recent hurricanes.
September 27 -
Ginnie Mae is giving expanded loan buyout authority to certain issuers in order to help them remove loans affected by Hurricanes Irma and Harvey from securitized mortgage pools.
September 26 -
The plight of Orlando-area renters sheds light on a new set of post-Irma realities — rent payments on uninhabitable homes and apartments, challenges getting rent deposits refunded and few housing options in a tight rental market.
September 25 -
The parts of the U.S. most at risk of natural disasters are also the places where property values are highest and increasing most quickly.
September 22 -
The Federal Housing Administration responded to lender concerns about timelines that delay property re-inspections after storms by issuing a waiver for properties affected by Hurricane Irma.
September 21