Marketing, Processing, Servicing Tools; STRATMOR on Revenue Growth; FHA, EPDs, and Disasters
By: Mortgage News Daily | Published: 2025-07-22 15:53:00 | Source: www.mortgagenewsdaily.com
Marketing, Processing, Servicing Tools; STRATMOR on Revenue Growth; FHA, EPDs, and Disasters
You may not believe in climate change, but your insurance company and mortgage servicer certainly do. It is a fact that warmer air can hold more moisture, and a new peer-reviewed study published in the Journal of Catastrophe Risk and Resilience found that insured losses from hurricanes could rise 50 percent if global atmospheric warming hits the 2 degrees Celsius threshold. A lot of those losses come from the areas affected by hurricanes expanding well northward along the Eastern Seaboard, with places that had been considered relatively safe from the monster storms suddenly now well in range of tropical storms. Lenders are well aware that Florida…