Rising insurance costs deepen homeownership strain
Homeowners are spending a growing share of their mortgage payments on property insurance, which is now rising faster than principal, interest and taxes, according to the September ICE Mortgage Monitor. Data shows that annual property insurance payments for single-family mortgage holders now average
Savannah Tourism Leader addresses fears over Hyundai megasite’s effect on hospitality, manufacturing industries
SAVANNAH, Ga. (WTOC) - Questions are being raised in Savannah about the impact recent immigration enforcement actions could have on the hospitality and manufacturing industries.Following last week’s ICE raid at the Hyundai megasite in Bryan County, which led to the arrest of 475 people, rumors began
Hometap closes $300M securitization of home equity investments
Boston-based Hometap has closed a $300 million securitization of home equity investment (HEI) loans originated by the company, marking its fifth transaction in the space. The deal, closed on Aug. 29, included a $231 million Class A tranche rated at BBB(sf) and a $12 million Class B tranche rated at
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