Tagged: insurance

Rising homeowners insurance costs are pushing lenders to expand affordability tools beyond the mortgage itself

The partnership highlights a growing industry focus on reducing closing friction, improving borrower retention and embedding insurance shopping directly into the homebuying experience

Newrez analysis of 1.2M loans shows costs topping $2,600 nationally, with regional disparities and new pressure points for borrower affordability

Tighter project-review and reserve requirements drew praise for improving condo standards, yet some lenders warned the changes could raise costs

Fannie, Freddie ease insurance rules, allowing cheaper roof coverage, higher deductibles, and added flexibility for borrowers, condos, and lenders

Surging premiums, rising uninsured rates, and growing reliance on state-backed insurers signal mounting strain on housing markets as climate risks intensify

Because settlement agents often lack mandated insurance, and coverage gaps are common, lenders must actively verify and monitor agent insurance and bonds to protect themselves from fraud-related losses

An analysis of domestic migration data shows high-flood-risk counties lost nearly 30,000 more residents than gained last year, driven largely by outflows from Miami and Houston

Vermont, New Mexico lead among states with most mortgages paid off last year

Even as rates ease, latest ACS data show typical owner costs outpacing income gains and tightening DTIs