The Senate Banking Committee will host an upcoming hearing examining the state of property insurance, climate change, and its financial impact on the nation’s homeowners.

HUD issues more than $24 million in resources to assist organizations with funding to fight housing discrimination and help build fair and inclusive communities nationwide.

A new report from Auction.com found that more than 90% of default servicing industry experts polled expect foreclosure volume to rise in 2023 compared to 2022, with the state of the nation’s economy having the biggest impact on overall volume.

Tapped to oversee Dovenmuehle’s insurance department, 30-year industry vet Patricia McCarthy will bring her experience in managing compliance, mortgage operations, loan processing, and customer service departments to her new role.

According to CoreLogic, Hurricane Idalia could damage more than 800,000 homes along the Gulf Coast area of Florida with a reconstruction cost value of approximately $238.4 billion, as storm surge heights are anticipated to rise to more than 15-feet.

Altisource Asset Management has announced the departure of CEO Jason A. Kopcak, to be replaced on an interim basis during the restructuring of its lending operations by former COO of Altisource’s Alternative Lending Group, Danya Sawyer.

The nationwide conglomerate has agreed to a settlement with the CFPB for violating the Telemarketing Sales Rule by collecting illegal advance fees for credit repair services.

HUD furthers its commitment to ensuring that families have the necessary resources to thrive, as eligible households can now receive the financial assistance necessary to access affordable broadband resources.

To assist victims in federal disaster areas, HUD Secretary Marcia L. Fudge has allocated funds to help communities recover and build resilience after a series of natural disasters in early 2023.

In a letter to GAO Comptroller General Eugene Dodaro, Rep. Maxine Waters calls for an investigation into artificial intelligence and proptech in the housing space as a possible barrier to fair and affordable housing opportunities.