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There's temporary leeway on formal compliance with replacement-cost value requirements in order to sort out insurer concerns with a recent re-emphasis on them.
7h ago -
Above and beyond the obvious damage, wildfires levied a hidden cost on the finance industry: Mortgage lenders and investors lost more than $30 billion between 2020 and 2022, due to both accelerated defaults and prepayments following disastrous blazes.
April 28 -
State restrictions on the use of credit scores appear to help a wide range of consumers cut homeowner insurance costs to varying degrees, according to Matic.
March 21 -
Cost of property coverage rose more than 55% over the last five years and it'll likely keep rising through 2024, a report from Guaranteed Rate found.
March 14 -
Natural disasters have hammered U.S. home insurers and hindered some stateside origination activity, but no American lender has publicly pronounced a pullback over climate risks.
March 7 -
The volume of active for-sale condo listings in the Sunshine State increased by 40% last month compared to a year earlier, Redfin said.
February 26 -
The frozen rain pellets which can destroy roofs, sidings and windows were responsible for the largest percentage of insured loss last year.
February 22 -
Homeowners from Sarasota south to Naples, known for its eight-figure waterfront mansions, are having a tougher time selling their properties, and the buildup in inventory has caused home prices to fall at some of the fastest rates in the nation.
February 14 -
Over half of mortgage professionals in an upcoming Arizent survey suggest severe weather events will disrupt the housing market next year.
December 8 -
The digital lender's product comes amid soaring expenses for homeowner's coverage.
November 2