Natural disasters

It would cost nearly $30 billion to rebuild the tens of thousands of homes that are most vulnerable to wildfires in the Sacramento metropolitan area, a projection that ranks California's capital region fourth highest in the nation for wildfire risk, according to CoreLogic.

The nationwide mortgage delinquency rate keeps descending lower, with June marking the 18th consecutive month of annual drops, according to CoreLogic.

Damage from Hurricane Dorian's storm surge has the potential to affect 668,052 homes, according to CoreLogic's latest analysis. Reports estimate a worst-case total of $144.6 billion in reconstruction cost value.

From consumers straying from certain cities to regulations dictating how homes are built, here’s a look at how climate change is shaping the housing market.

After two disastrous fire seasons, California officials have been besieged by homeowners in fire-prone areas complaining that their insurance premiums are skyrocketing or their plans are suddenly being dropped.

The percentage of Americans behind in their mortgage payments is at a 20-year low. And even fewer Dallas-area homeowners are late with payments than the national average, according to CoreLogic.

The majority of young adults and consumers in coastal housing markets claim climate change will affect their homes or communities, which could influence where they consider buying a house, according to Zillow.

The mortgage delinquency rate sits at its lowest point in over 20 years after descending annually for 17 straight months through May, according to CoreLogic. But a broader look at this year's figures could signal a shift in the narrative.

In the next 30 years, an estimated 802,555 homes worth $450 billion are under the risk of flooding, and in turn becoming distressed mortgages, according to a joint study by Zillow and Climate Central.

Removing Federal Housing Administration-insured mortgages with natural-disaster forbearance from the agency's delinquency tracking database would give investors a less-distorted view of loan performance, according to the Community Home Lenders Association.

Black Knight created a pair of tools for its MSP servicing system in order to help mortgage services identify loans in their portfolio tied to areas affected by natural disasters.

Members from states threatened by storms say their proposal is better for consumers than recent legislation passed by the House Financial Services Committee.

Damage related to flash flooding from Tropical Storm Barry has the potential to affect about 340,000 homes, according to CoreLogic. Reports estimate a worst-case total of $10 billion in reconstruction cost value.

Some commercial mortgage-backed securities due next year could have difficulty refinancing due to the recent Ridgecrest earthquake, according to a new Morningstar report.

The Western states are the most likely to experience an increase in distressed loan activity in the second half of 2019, a survey of mortgage servicers by Auction.com found.

Not a single state posted annual gains in overall or serious mortgage delinquency rate in April as the national rate plummeted to a low not reached in over 20 years, according to CoreLogic.

Foreclosure rates in March hit their lowest reading for the month in at least 20 years, while overall and serious delinquency rates also achieved 13-year lows for the same period, according to CoreLogic.

Lenders are turning to the Farm Service Agency to backstop more loans as their Midwestern customers are beset by flooding in addition to the U.S. trade war with China and volatile crop prices. Can the FSA meet the increased demand?

Fitch Ratings is considering making adjustments to property valuations used in sizing up private residential mortgage securitizations to better account for possible exposure to uninsured, catastrophic risks.

In the worst-case scenario, $1.8 trillion in reconstruction costs could result from coastal storms in 2019, even as hurricane experts predict a near-normal year for this season, according to CoreLogic.