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
Analysts see stable loan performance and softening rates, while insurance costs rising and inventory stalling
PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017
Low credit scores cost Americans $1,330 more in mortgage interest each year
Steep cost of homeowner’s insurance creating problems for lenders, buyers, and owners
Homeowners delaying major repair work — or doing the work themselves instead of hiring professional tradesmen
From 2020 to 2023, monthly housing costs jumped 29% for outright owners and 16% for mortgage holders, as taxes, insurance, and utilities stretch budgets across the board