CFPB tightening underwriting for PACE energy improvement loans

PACE lenders object to rule requiring them to evaluate borrowers’ ability to repay and provide more comprehensive disclosures so homeowners can comparison shop for other types of financing. Continue reading

Yonkers Housing Authority taps AreaHub to provide climate data

The Municipal Housing Authority for the City of Yonkers is collaborating with AreaHub to better understand how severe weather impacts its mission to protect and safeguard affordable housing. Continue reading

Back-to-back storms tank pending home sales in Florida

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading

Cost of insurance, property tax top triggers of mortgage delinquencies

Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com. Continue reading

Floridians grapple with insurance changes as hurricane season nears

Seventy percent of Florida homeowners — or the area in which they live — have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin. Continue reading

Realtor.com the latest portal to include climate risk data

The climate’s toddler-like, harder-than-ever-to-predict behavior is having a measurable impact on the housing market, a reality that led to Realtor.com partnering with First Street, a non-profit organization that provides data and critical resources on… Continue reading

3 multimillion-dollar mansions are at risk of sliding into the Pacific

Three mansions worth $12 million to $16 million in California are at risk of falling into the ocean after a post-storm landslide eroded cliffs in Dana Point. The story has sparked conversations about climate change and rising home insurance costs in th… Continue reading

Could offices hold the key to America’s housing shortage?

Fifth Wall co-founder Brendan Wallace and VTS CEO Nick Romito discussed the bounce between office and remote work and transforming America’s empty offices into extra housing during ICNY. Continue reading

These green building materials will create a more sustainable future

Forget concrete and steel. According to CEO and investment expert Avi Philipson, the future of building is greener and more sustainable and fueled by surprisingly traditional materials. Continue reading