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State Insurance Regulators Monitor the Home Insurance Market to Protect Consumers
State insurance regulators ensure consumers have access to fair, competitive, and healthy insurance markets. They fulfill this mission by monitoring their state’s insurance market and using a wide range of regulatory tools to protect the insurance-buying public. They know their market better than anyone.
HUD Announces 2025 Loan Limits
New Federal Housing Administration loan limits for Single Family Title II forward and Home Equity Conversion Mortgages go up for calendar year 2025. The U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration (FHA)
GFP Real Estate and Its Tenants Raise More Than $200,000 to Support Ukrainian Refugees
GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.
The State of the Real Estate Market in 2024
The real estate market in 2024 is navigating a complex landscape shaped by economic fluctuations, rising interest rates, and evolving consumer preferences. As the global economy faces uncertainties, the real estate sector has been particularly impacted by changes in mortgage rates, home insurance premiums, and broader market dynamics.
Federal Disaster Assistance Approaching $1 Million in First 10 Days
In the first 10 days since President Biden authorized federal disaster assistance for the state of Missouri, FEMA already has approved $903,720 dollars for 158 eligible individuals and
Damaged Wells, Furnaces, Private Roads and Bridges, and Septic Systems May Be Covered by...
Homeowners typically apply for disaster assistance for structural damages to their property, such as roofs or floors. But other parts
New Hawaii Law Will Protect Homebuyers from Predatory Contracts
The American Land Title Association (ALTA), the national trade association of the land title insurance industry, AARP and the Hawai‘i Land Title Association (HLTA) applaud the Hawai‘i
Whitehouse Opening Statement at Hearing on Insurance Upheaval from Climate Change
“Climate risk makes things uninsurable. No insurance makes things unmortgageable. No mortgages crashes the property markets. Crashed property markets trash the economy.”
HUFFMAN, THOMPSON HOST PRESS CONFERENCE ADDRESSING CALIFORNIA INSURANCE CRISIS
Reps. Jared Huffman (CA-02) and Mike Thompson (CA-04) were joined by realtors, home builders, agriculture leaders, insurance
CASSIDY DEMANDS CONGRESS KEEP FLOOD INSURANCE AFFORDABLE
U.S. Senator Bill Cassidy, M.D. (R-LA) today delivered a speech on the U.S. Senate floor demanding Congress take action to ensure the National Flood Insurance Program (NFIP) remains affordable
Statement of MBA’s Mike Fratantoni on Current Housing Market Conditions and Challenges Before the...
Mike Fratantoni, MBA's Chief Economist and SVP of Research and Industry Technology, testified today at a hearing titled, "The
Davidson Delivers Remarks at Housing and Insurance Subcommittee Field Hearing
The House Financial Services Subcommittee on Housing and Insurance, led by Chairman Warren Davidson (OH-08), is holding a field hearing entitled “Restoring Prosperity in American
ICYMI: SENATE COMMITTEE TO HEAR TESTIMONY FROM LOUISIANA ON EFFECTS OF FEMA FLOOD INSURANCE
The Houma Courier-Thibodaux Daily Comet highlighted efforts by U.S. Senator Bill Cassidy, M.D. (R-LA) to secure a hearing on the
Decoding Home Insurance Premiums: Unraveling the Top Factors That Affect Your Rates
Home insurance is a crucial safeguard for homeowners, offering financial protection against various perils. The price of this protection, however, might differ greatly among homeowners. Making wise judgments and ensuring coverage without exceeding budget requires understanding the elements impacting house insurance costs
7 Benefits of Using a Mortgage Broker
When financing homes and properties, many homeowners and borrowers think going directly to banks is the most straightforward option. However, a more effective alternative is seeking professional help from a mortgage broker.
Federal Housing Administration Helps Over 765,000 Families Buy Homes and Maintains a Strong Insurance...
Annual Report to Congress for fiscal year 2023 highlights impact of insurance premium reduction, assistance for approximately two
VA reduces premium rates for Veterans’ Mortgage Life Insurance
This month, the Department of Veterans Affairs reduced premiums for most Veterans and Service members insured under the Veterans’ Mortgage Life Insurance program.
5 Important Things You Probably Don’t Know About Home Insurance
Buying a home is a desire for many, but not insuring your property can ruin your investment. As a home buyer, you should know that home insurance should top your list of to-do things after buying the property.
NAHB Lauds House for Extending NFIP and Government Funding, Urges Senate to Act Now
Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., issued the following statement after Congress
Safeguarding Your Investment: Exploring Property Title Insurance
A person’s home is almost always among the most significant investments they’ll make in their lifetime. The last thing a person wants is to have unexpected ownership problems after the close
