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Insurance

Insurance

FHA ISSUES GUIDANCE TO HELP FHA-INSURED FAMILIES IN DISASTER AREAS

WASHINGTON, DC - November 29, 2012 - (RealEstateRama) -- The Federal Housing Administration (FHA) recently published guidance to help families with FHA-insured mortgages struggling to repair or rebuild their homes in the wake of major disasters like Hurricane Sandy. FHA’s mortgagee letter reinforces the agency’s longstanding policy of extending foreclosure relief and directs lenders to release insurance proceeds to borrowers rather than to apply those payouts to bring delinquent mortgages current.

Deadline Extended Again for Isaac-Related Flood Insurance Claims in Louisiana

BATON ROUGE, LA - November 22, 2012 - (RealEstateRama) -- Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have an additional 60 days to file claims for their flood-related loss...

Will Breezy Point’s Firefighters Who Lost Their Homes to Fire During Superstorm Sandy Have...

Washington, D.C. - November 20, 2012 - (RealEstateRama) -- When Superstorm Sandy battered the East Coast with high winds and a massive storm surge, 111 homes in the Queens, New York neighborhood of Breezy Point were destroyed by a fast-spreading fire. First responders, including firefighters, owned a significant number of these homes.

Christie Administration Announces That Department of Banking and Insurance Will Staff Mobile Offices Thursday...

Trenton, NJ - November 14, 2012 - (RealEstateRama) -- To assist consumers who have suffered property loss as a result of Hurricane Sandy, the Christie Administration announced today the Department of Banking and Insurance will have staff members availa...

After Superstorm Sandy, State Insurance Regulators Must Protect Consumers From Unjustified Out-of-Pocket Costs.

Washington D.C. - November 8, 2012 - (RealEstateRama) -- Governors of nine states and the mayor of Washington D.C. moved quickly to protect consumers from high insurance deductibles associated with their wind damages claims caused by Superstorm Sandy. Today in a letter to elected officials the Consumer Federation America warned that state insurance regulators must closely monitor how insurance companies determine claims deductibles to ensure that consumers are not subject to unjustified, higher out-of-pocket costs.

NEW FLOOD MAPS SHOW CURRENT RISKS IN SANTA FE COUNTY, NEW MEXICO

DENTON, TX - November 6, 2012 - (RealEstateRama) -- Santa Fe County, New Mexico, homeowners, business and residential renters and business owners who do not have flood insurance are encouraged to buy coverage now to get the best possible premiums befor...

Christie Administration Takes Action to Protect Storm-Impacted New Jersey Homeowners from Higher Insurance Deductibles

Trenton, NJ - November 2, 2012 - (RealEstateRama) -- Taking action to save homeowners money following Hurricane Sandy, Governor Chris Christie signed Executive Order 107, prohibiting insurance companies from imposing costly hurricane deductibles on New...

Governor Cuomo Announces Homeowners Will Not Have to Pay Hurricane Deductibles

Albany, NY - November 1, 2012 - (RealEstateRama) -- Governor Andrew M. Cuomo today announced that New York homeowners will not have to pay potentially large hurricane deductibles on insurance claims stemming from damage caused by Monday’s storm.

Ohio’s Auto and Homeowners Rates Among Lowest in the Country

COLUMBUS, OH - October 19, 2012 - (RealEstateRama) -- Lieutenant Governor and Department of Insurance Director Mary Taylor announced Ohio’s 2011 average auto and homeowners insurance rates were again among the most competitive in the United States. T...

DOBI Offers Consumers a Guide to Understanding their Homeowners and Renter’s Insurance Policies

Trenton, NJ - October 1, 2012 - (RealEstateRama) -- Recent disasters such as Tropical Storm Irene, the wildfires in southern New Jersey and the apartment building fire in Woodbridge all call attention to the vital role that homeowners and renter’s in...

Welcome Home New York! Rochester A Success

New York, NY - October 1, 2012 - (RealEstateRama) -- On Saturday, September 15th, the State of New York Mortgage Agency - SONYMA, hosted its second "Welcome Home, New York" event for first-time homebuyers at Asbury First United Methodist Church in Down...

Overall Satisfaction with Homeowners Insurance Companies Reaches An All-Time High Due to Policy Bundling

WESTLAKE VILLAGE, CA - September 27, 2012 - (RealEstateRama) -- Satisfaction improves among customers who bundle other policies with their homeowners policy, contributing to higher overall customer satisfaction with homeowner insurance companies, according to the J.D. Power and Associates 2012 U.S. National Homeowners Insurance StudySM released today

NAHB/Builders Mutual Insurance Company SAFE Awards Now Accepting Entries

WASHINGTON, D.C. - September 26, 2012 - (RealEstateRama) -- The National Association of Home Builders (NAHB) is now accepting applications for the 2012 NAHB/Builders Mutual Insurance Company Safety Award For Excellence (SAFE). The awards program recognizes home builders and contractors who have developed and implemented high quality workplace safety programs, and also honors government officials and NAHB-affiliated associations who work to advance safety in the home building industry.

Terrorism Risk Insurance Vital to Commercial Real Estate Market, Say Realtors®

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- American businesses rely upon the availability and affordability of terrorism risk insurance and it’s a vital component of most commercial real estate transactions, the National Association of Realtors® said in testimony today

Register For Federal Disaster Assistance Even If You Have Insurance

ATLANTA - September 5, 2012 - (RealEstateRama) -- Hurricane Isaac survivors in Mississippi who had property losses in Hancock, Harrison, Jackson or Pearl River counties should register for federal disaster assistance even if they have insurance.

LOUISIANA RESIDENTS URGED TO REGISTER FOR FEDERAL DISASTER ASSISTANCE

BATON ROUGE, LA - September 3, 2012 - (RealEstateRama) -- Homeowners, renters and business owners in five Louisiana parishes who sustained property damage as a result of Hurricane Isaac are urged to register with the Federal Emergency Management Agency...

Ohio’s Auto and Homeowners Rates Among Lowest in the Country

COLUMBUS - August 28, 2012 - (RealEstateRama) -- Lieutenant Governor and Department of Insurance Director Mary Taylor announced Ohio’s 2011 average auto and homeowners insurance rates were again among the most competitive in the United States. The De...

Udall Urges Homeowners Near High Park, Waldo Canyon Burn Areas to Purchase Federal Flood...

August 28, 2012 - (RealEstateRama) -- Mark Udall urged homeowners in and around the High Park Fire and Waldo Canyon Fire burn areas to purchase federal flood insurance before waivers for the normal 30-day waiting period for coverage expires. The deadli...

MID URGES COAST HOMEOWNERS TO PROTECT PROPERTY BEFORE EVACUATING

Jackson - August 27, 2012 - (RealEstateRama) -- When packing up to evacuate the coast Mississippi Commissioner of Insurance Mike Chaney urges homeowners to take steps to protect their homes until the danger of Tropical Storm Isaac has passed and they c...

Ohioans Can Protect Themselves with Free “myHome Inventory” and “WreckCheck” Smartphone Insurance Apps

COLUMBUS, OH - August 23, 2012 - (RealEstateRama) -- Ohio insurance consumers can now more easily and accurately maintain inventory of their possessions and exchange information after an auto accident without compromising their identity with free myHom...

Recent HUD Press Releases

HUD - U.S. Department of Housing and Urban Development

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)

Random HUD in News

CNN Politics

HUD is trying to help thousands of low-income renters amid shutdown

The Department of Housing and Urban Development is hoping to find roughly $15 million to renew 170 contracts with private building owners who rent to poor Americans.