Items Tagged with 'Natural Disaster'

ARTICLES

  • Trump administration delays release of $16 billion in disaster mitigation funding

    Government shutdown makes funds release more difficult
    After a string of natural disasters in 2017, Congress granted $16 billion in funding to the disaster areas in February 2018 to help with building better defenses against hurricanes, floods and other natural disasters. But now, nearly a year later, vulnerable areas are still waiting on that funding.
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  • Servicing reverse mortgage loans in a hurricane's wake

    Celink urges lenders to learn more about servicing after a natural disaster
    Two weeks ago, Hurricane Michael decimated parts of the Florida panhandle, leaving thousands of homeowners – and reverse mortgage borrowers – left to deal with the destruction. Reverse mortgage loan servicer Celink urges lenders to connect their borrowers with their servicer to work through the repair process, and if you’re confused about what that is, "pick up the phone and call us!"
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  • Hurricane Michael threatens more than 200,000 multifamily units

    Displaced families in need of a temporary home could spike short-term demand
    New data from Yardi indicates that more than 200,000 multifamily units are at risk due to Hurricane Michael. Virginia Beach, Virginia, Wilmington, North Carolina, and Tallahassee, Florida, are the cities with the most multifamily units in harm’s way, according to the report. These cities hold 36,317, 33,423 and 32,277 at-risk units, respectively.
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  • 6 Questions with 6 HUD Executives, Ep. 2: Deputy Secretary Pam Patenaude

    On the ground with disaster recovery
    Who brings housing hope to those deeply impacted by natural disasters? Who will help the 117,000 FHA-backed homeowners of Puerto Rico? In the second episode of exclusive podcast series, 6 Questions with 6 HUD Executives, Editor-in-Chief Jacob Gaffney speaks with HUD Deputy Secretary Pamela Hughes Patenaude about disaster recovery, the impact of the opioid epidemic and the interconnected nature of the nation's housing policy.
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  • Hispanic community continues to drive homeownership growth

    But here’s what’s still holding them back
    The Hispanic community continues to drive homeownership growth in the U.S. In fact, Hispanics became the only demographic to have increased their homeownership rate for the last three consecutive years. However, several factors are still holding them back from further homeownership gains.
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  • ATTOM: Americans want to live in high-risk cities

    Home prices accelerate twice as fast in higher risk areas
    Footage of natural disasters sweeping across the U.S. and the world in the recent weeks might make one believe that home prices would be lower where such terrible disasters are more prominent; however the opposite is actually true. In fact, ATTOM’s latest report shows home prices actually appreciate much faster in the riskiest cities.
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  • Top 10 cities with homes most threatened by heavy winds

    CoreLogic gives its Windy City index
    Even without a tornado or hurricane, high speed winds can cause significant damage to homes. Because of this risk, homeowners in areas more prone to high wind speeds can sometimes see a decrease in their home’s value or even major property damage during storms. CoreLogic’s most recent report ranks the top 10 cities that are most at risk to wind damage.
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