California will require home insurers to offer policies in high-risk wildfire areas by Neil Pierson for HousingWire

HousingWireHousingWire The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires, a response to the recent pullback in policies by several major insurers. Announced by California insurance commissioner Ricardo Lara on Monday, the regulation is under administrative…

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Reverse mortgage leaders on partnering with the forward side in 2025 by Chris Clow for HousingWire

HousingWireHousingWire Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, and expanded activities in reverse that stemmed from acquisitions and expansions of existing divisions. Continuing this momentum into 2025 is a priority for many…

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Treasury, FHFA amend PSPAs for ‘orderly’ exit of GSEs from conservatorship by Sarah Wheeler for HousingWire

HousingWireHousingWire Speculation about the future of GSE conservatorship in a Trump administration took another turn on Thursday when the Treasury announced an agreement to amend its Preferred Stock Purchase Agreements (PSPAs) with Fannie Mae and Freddie Mac. In a press release, Treasury said the amended agreement would “help ensure that…

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Future-proofing real estate: Why developers are turning to modular for sustainability and resilience by Chris Anderson for HousingWire

HousingWireHousingWire In response to drastic economic changes and environmental concerns, industries are quickly realizing the benefits of investing in sustainable practices that can positively impact their business operations. Modular construction provides housing developers with the opportunity to engage in sustainable building practices while dialing back on traditional cost increases –…

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