Uncertainty surrounds insurance pricing after wildfires
As wildfires continue to ravage the LA area a week after starting, the impact on insurance premiums and costs to rebuild are still very uncertain. Despina Buganski, head of North America personal lines for global insurance brokerage and consulting firm WTW, sat down with Reporter Sarah Wolak to talk
Read MoreHUD settles with PHH over alleged mortgage payment fees that violated FHA rules
The U.S. Department of Housing and Urban Development (HUD) on Monday announced that it has reached a settlement with PHH Mortgage Corp., a division of the Onity Group, over the alleged imposition of fees for borrowers making payments on their mortgages, which is in violation of Federal Housing Admin
Read MoreHere’s why Trump’s presidency is keeping agents up at night
The real estate industry went through a lot last year. The word “fear” plagued the minds of many industry professionals as the business underwent seismic shifts, and as President-elect Donald Trump enters office next week, these feelings still ring true for a sizable chunk of agents.This finding com
Read MoreWildfire damage with a reverse mortgage? Here’s what to do
It’s imperative for reverse mortgage borrowers to contact their insurance carrier if their property has been damaged in the ongoing Southern California wildfires, and to let their servicer know of anything that could impact their occupancy of their property due to the terms of Federal Housing Admini
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