California wildfire recovery event sought to offer guidance to reverse mortgage borrowers
A recent event aimed to offer reverse mortgage borrowers impacted by the LA-area wildfires a direct avenue to assistance programs.
Disaster Relief
Auto Added by WPeMatico
HUD approves Asheville’s hurricane recovery plan after initial objection over DEI
The city’s $225M recovery plan, initially rejected by HUD over DEI concerns, is one step closer to being fulfilled.
Realtor on impacts of deadly Kentucky flooding
Catastrophic flooding continues to inundate the central U.S. as rivers remain swollen from unprecedented rainfall brought on by a series of deadly storms. Spanning from Kentucky, Illinois and Ohio to Louisiana and Mississippi, floodwaters are still surging downstream, overwhelming neighborhoods, infrastructure, and emergency response teams. As of Wednesday, more than 120 locations across the region […]
Deadly Kentucky floods will exacerbate existing housing issues
Effects from deadly flooding in Eastern Kentucky were made worse this past weekend as a storm system brought heavy snow and wind into already devastated communities. It will have a large impact on real estate for years to come, Kentucky real estate agents told HousingWire. As of Monday, the statewide death toll associated with the […]
NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem
The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.
The Trump administration thinks HUD’s Disaster Relief is a waste of money. They’re wrong
The U.S. Department of Housing and Urban Development (HUD) has announced its own DOGE Task Force this week, after Elon Musk’s team ravaged the Consumer Financial Protection Bureau (CFPB) last week. While American voters have little transparency into this undemocratic firing squad, we know that they intend to fire half of all HUD’s employees, including those […]
As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contacts
Los Angeles County has the highest concentration of HECM borrowers in the country, and the industry is moving to respond.
Housing resources and help for victims of the LA fires
Many in the real estate and mortgage spaces are pledging monetary relief and relocation help for those affected by the wildfires.