Housing Wire

AUGUST 10, 2023

Increasing wildfire risk resulting from climate change is a growing problem for insurers and homebuyers in affected areas, particularly California, according to a new report from data provider CoreLogic. CoreLogic said insurers’ models should account for the current risk landscape, including climate change considerations.

Insurance 370

Insurance Construction Realtors Development 370

Eyes on Housing

SEPTEMBER 8, 2021

The second quarter of 2021 marked the second consecutive quarter of loan growth for residential construction loans. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions increased by 4.9% during the second quarter, even as the market cooled off strong.

Construction 158

Construction Insurance Marketing 158

Housing Wire

JULY 24, 2023

CoreLogic said it plans on using this data to improve its prefill solution by providing insurance carriers with important wildfire mitigation information to support policyholders. The mitigation factors in PRC 4291 are mandated by the California Department of Insurance Section 2644.9. CoreLogic’s WFMS ranges from 0.1

Inspection 370

Inspection Insurance Construction Business 370

Housing Wire

MARCH 21, 2024

House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance. The silver lining, however, is that builders have picked up their pace of construction. The Basel Endgame proposal — issued by the Federal Reserve , Federal Deposit Insurance Corp. banks in comparison to international standards.

Insurance 421

Insurance Inventory Mortgage Lending 421

Eyes on Housing

MARCH 30, 2023

According to NAHB analysis of Federal Deposit Insurance Corporation (FDIC) data, large banks (assets greater than $10 billion) have increased their share of the residential construction loan market above pre-Great Recession levels in recent years. The majority of 1-4 residential construction loans are still. Read More ›

Construction 103

Construction Insurance Development Marketing 103

Housing Wire

MAY 31, 2023

Last week we talked about the cost of flood insurance going up by over 200% for some homeowners in the Southeast as both the federal government and private insurers determine how to price the soaring cost of climate risk, or abandon insuring them altogether. What does this all mean for Californians?

Insurance 383

Insurance Clients Marketing Housing Market 383

Housing Wire

JANUARY 22, 2024

Construction Coverage , a company that reviews construction software, insurance, and financial products in order to assist property builders, recently released a new report taking a closer look at the divide between baby boomers’ and younger generations’ shares of metropolitan housing markets according to reporting at the Chicago Sun-Times.

Housing Market 415

Housing Market Marketing Construction Insurance 415

Housing Wire

NOVEMBER 3, 2023

Through Covered Insurance Solutions, a digital insurance marketplace, consumers can get competitive rates for their home, auto, renters, life, flood, pet and umbrella insurance needs. Loan must close to be eligible for reimbursement of credit toward closing costs at closing.

Real Estate Agent 406

Real Estate Agent Real Estate Insurance Valuation 406

Housing Wire

MAY 14, 2024

Last week, we wrote a letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t.

Sellers 376

Sellers Realty Insurance Realtors 376

Housing Wire

APRIL 7, 2023

“These trends and recent data showing fewer job openings and increases in initial claims for unemployment insurance paint a picture of a job market that is still quite strong but beginning to flag, lagging other indicators of a slowing economic activity and tightening credit,” Frantantoni added. in December 2022, but still strong.”

Marketing 395

Marketing Construction Housing Market Insurance 395

GoForrmz

JULY 19, 2021

Focusing efficiency efforts on safety in the construction workplace can increase your chances of winning the next bid With each construction project awarded, there are safety measures that are required to be met in order to work a job site. Take the next step and optimize your business operations within construction workflows.

Construction 134

Construction Insurance Business 134

Housing Wire

JANUARY 31, 2023

It will also include the company’s local traditional consumer mortgage and construction-to-permanent businesses. Claiming to be the first state-chartered, Federal Deposit Insurance Corporation -insured (FDIC) institution to operate entirely online, the bank combines nationwide consumer, small business and commercial deposit base.

Business 417

Business Mortgage Lending Insurance 417

Housing Wire

MAY 13, 2024

Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish the VantageScore 4.0 historical dataset.

Legal 417

Legal Mortgage Contracts Insurance 417

Housing Wire

JANUARY 8, 2021

If your loan is insured by the Federal Housing Administration, the FHA charges an upfront premium of 1.75% of the loan amount. Closing costs include property taxes, which are fees paid to the county treasurer’s office that fund schools, road construction, fire and police departments, as well as other local services. Property Tax.

Property Taxes 527

Property Taxes Insurance Real Estate Mortgage 527

PennyMac

FEBRUARY 12, 2024

One of those documents likely included an agreement to maintain continuous homeowners insurance coverage. If your insurance lapses or gets canceled, your lender may step in and obtain lender-placed insurance (LPI) — also known as forced-placed insurance — to safeguard the property. What Is Lender-Placed Insurance?

Insurance 36

Insurance Agents Construction Real Estate Agent 36

Housing Wire

APRIL 9, 2024

Last week, we wrote a Letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t.

Sellers 446

Sellers Realty Insurance Realtors 446

Housing Wire

MARCH 21, 2022

Construction-only loans. A loan is not wrapped under RESPA if it is a construction-to-permanent loan. Custom homes are frequently developed, and the site is used as security for a short-term construction loan to complete the project. However, RESPA applies to a construction-to-permanent loan inside one bundle.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Construction 370

Housing Wire

JUNE 4, 2021

The overall construction sector actually lost 20,000 jobs in May, though it was mostly concentrated among nonresidential specialty trade contractors. The construction sector remains an economic weak spot in many respects – it’s down 225,000 jobs from prior to the pandemic. “MBA is sticking with our forecast of a 4.5%

Construction 462

Construction Insurance Government Real Estate 462

Housing Wire

AUGUST 5, 2022

And even though initial claims for unemployment insurance have increased modestly in recent weeks, these data show that the pace of hiring, spurred by more than 10 million job openings, continues to exceed any increase in layoffs.”. Employment in the construction sector is now 82,000 jobs higher than in February 2020.

Real Estate 417

Real Estate Construction Brokerage Insurance 417

Housing Wire

OCTOBER 4, 2023

This update does not apply, however, to newly constructed manufactured homes , since these documents are required on all newer units. This is a policy that lenders can take advantage of immediately, according to Fannie Mae. 1, 2024.

Government 446

Government Insurance Construction Business 446

Housing Wire

FEBRUARY 15, 2024

For that group, the median monthly cost of owning a home — which includes insurance and property taxes, among other things — is just over $600 (similar to the monthly cost for other generations with no outstanding mortgage, but other generations are far less likely to own homes free and clear),” the report stated. “A

Property Taxes 462

Property Taxes Insurance Construction Inventory 462

Housing Wire

DECEMBER 28, 2021

In fact, Paradise’s housing market, though constrained by unresolved wildfire litigation and issues like proper home insurance, even has the high-demand, low inventory problems of most other U.S. Local agents are slowly seeing new construction listings pop up. So, it’s coming along, but it’s a slow process.”.

Insurance 383

Insurance Realty Agents Construction 383

Housing Wire

DECEMBER 1, 2021

McCord used escrow accounts, meant to pay homeowners’ taxes and insurance premiums, to cover his company’s operating expenses. McCord then laundered the proceeds and diverted them toward paying more than half the purchase price of his son’s $900,000 Oklahoma City home, and the construction of his custom vacation home in Colorado.

Mortgage 544

Mortgage Insurance Lending Government 544

Housing Wire

OCTOBER 12, 2023

Indices that increased in September were rent, owners’ equivalent rent, lodging away from home, motor vehicle insurance, recreation, personal care and new vehicles. However, it’s still well above the Fed’s 2% target. Indices that decreased over the month were used cars and trucks and apparel.

Government 406

Government Housing Market Contracts Insurance 406

Eyes on Housing

NOVEMBER 29, 2023

The volume of total outstanding acquisition, development and construction (AD&C) loans posted a decline during the third quarter of 2023 as interest rates increased and financial conditions tightened. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions declined by 2.8%

Lending 97

Lending Construction Insurance Development 97

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. It is also wary of some of the proposals.

Construction 533

Construction Renovations Insurance Landlords 533

Eyes on Housing

SEPTEMBER 8, 2023

The volume of total outstanding acquisition, development and construction (AD&C) loans posted a decline during the second quarter of 2023 as interest rates continue to rise and financial conditions tighten. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions declined by 2.8%

Construction 103

Construction Insurance Development 103

Housing Wire

APRIL 19, 2021

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies.

Landlords 383

Landlords Investing Tenants Construction 383

Eyes on Housing

MARCH 7, 2024

The volume of total outstanding acquisition, development and construction (AD&C) loans posted a decline during the fourth quarter of 2023 as interest rates increased and financial conditions tightened. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions.

Contracts 60

Contracts Loan Conditions Construction Insurance 60

Housing Wire

SEPTEMBER 13, 2023

Indexes that increased in August include rent, owners’ equivalent rent, motor vehicle insurance, medical care, and personal care. Additionally, apartment construction is strong , which puts an additional pressure on landlords to avoid vacancy. Core inflation, which excludes food and energy, rose 4.3% The rent index was up 7.2%

Landlords 395

Landlords Insurance Construction Realtors 395

Will Springer Realtor

NOVEMBER 29, 2022

How do you know if your home has enough insurance coverage? About six in 10 homeowners are insufficiently insured, according to CoreLogic, a property data research firm. That’s roughly 51M homeowners currently underinsured, and CoreLogic estimates homes are insured at about 73% of the actual property value.

Insurance 36

Insurance Construction Finance Home Improvement 36

Housing Wire

JUNE 23, 2021

Allowing for more manufactured housing and better incorporation of innovative construction approaches such as 3-D printing technology and panelized, and container construction can help cut the cost of construction. HW: What solutions does Radian offer with these goals in mind?

Housing Market 417

Housing Market Marketing Construction Insurance 417

Housing Wire

APRIL 1, 2024

There’s a lot more capital in the picture — in particular, insurance capital — which needs the rating for them to buy the bond,” Matthews said. “So, To put a sense of scale on that, insurance capital is about $8 trillion, and about half of that goes into the bond world.” So, the rating just opens up this massive world.

Finance 437

Finance Investing Real Estate Agent Real Estate 437

Housing Wire

NOVEMBER 2, 2021

California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. According to the transaction terms, American Equity Investment Life Insurance Company provided financing for the deal and acquired $1 billion of loans originated by Anchor.

Investing 373

Investing Finance Modernization Investors 373

Housing Wire

JUNE 22, 2021

“Anyone who works in a land-based industry knows that constructing a chain of title is a very time-consuming, document-intensive task, requiring multiple searches through cumbersome card and tract plants, and often, in-person trips to county courthouses,” Luna said.

Realty 394

Realty Insurance Construction Technology 394

Housing Wire

MARCH 28, 2024

Thanks to the efficiencies baked into the construction processes of manufactured homes, these factory-built houses are both faster and less expensive to build than site-built homes, saving buyers between $50,000 to $100,000 per unit. Yet help might be on the way.

Business 446

Business Finance Buyers Lending 446

Housing Wire

MARCH 22, 2023

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. The program is separate from the broader VA loan program that is available to all veterans.

Mortgage 395

Mortgage Renovations Insurance Construction 395