Flooding the leading driver
Rapidly climbing U.S. disaster costs tally more than just immediate property damage; they are becoming a huge burden on the mortgage market, leading to an increase in foreclosures. According to First Street Foundation’s 13th National …
A lesson for defense counsel
A South Florida foreclosure lawsuit in federal court serves as a reminder for those of us in the property insurance business of what we’re dealing with in litigation and attorney fees where a fee multiplier …
Encouraging signs amidst uncertainty
One sector of Florida’s economy with a lot of uncertainty – at least for now – is housing. Central Florida home sales fell 44% in May over last May but there are literally brighter prospects ahead. …
Overall rate continues to decline
The number of new foreclosures is on the upswing again in Florida, despite national foreclosure activity dropping to a 13-year low. Hurricane Irma damages and related economic disruption is partly responsible. For the country as …