As the deadline nears for the renewal of funding for the National Flood Insurance Program, the Senate Banking Committee will spotlight the importance of the program, and how a lapse in the program could threaten 1,300 property sales each day.
Read More »Natural Disasters’ Effects on the Rental Market
Renters are at particular risk of natural disasters, especially those in manufactured homes, and may have few options to turn to after a significant event.
Read More »Responding to Increased Flood Risks
In response to increased risks of flooding and natural disasters across the nation, the FInancial Services Committee held a hearing to re-evaluate the National Flood Insurance Program.
Read More »Texas Mulls Flood Insurance Coverage Disclosures
Here’s what the Texas Department of Insurance recommended on the adoption of flood insurance policy laws in its biennial report to the state legislature.
Read More »Why the Shutdown Is Hurting Everyone
Here’s how agencies and mortgage borrowers are being affected by the partial government shutdown that began on December 22.
Read More »The Losses After the Wildfire
Though the wildfires in California are finally contained, it has left behind a string of losses amounting to billions. Here’s what a new report says about the estimated losses.
Read More »Fannie Mae Launches Disaster Response Network
Fannie Mae announced the launch of a comprehensive "action plan" to help homeowners who are impacted by natural disasters. Get the details here and learn how else the GSE is addressing the rising impact of natural disasters on our industry.
Read More »Reaching Out in California
California is in the middle of the deadliest wildfires in the state’s modern history. On Monday, officials at Butte County said they discovered remains of 13 more people ...
Read More »Making a Case for Disaster Preparedness
How can the mortgage servicing industry work together to be better prepared for when a disaster strikes? The Five Star Institute’s Disaster Preparedness Summit hosted by DIMONT and Five Brothers on Wednesday tried to answer this question. Here are some key takeaways from the event.
Read More »Mortgage Servicing Industry Summit Prepares for Next Natural Disasters
As we move deeper into hurricane season, industry leaders are set to convene for a new Disaster Preparedness Summit, collaborating to learn from the missteps of the past and tackle the next disasters with organization, preparation, and insight.
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