If buying a home is on your radar, you’ve probably been keeping an eye on mortgage rates and home prices. But don’t forget about homeowners insurance. Homeowners insurance has always been part of owning a home. But over the past few years, it’s become a larger expense for many homeowners – something that’s especially frustrating […]
Buying a Home? Here’s What You Should Know About Home Insurance Costs. Read More »
Flood zones no longer mark the boundary of storm risk. As weather patterns intensify, servicers are getting ahead of it, reaching clients before disaster strikes and building plans for forbearances, inspections, and insurance claims. Processing Content “Make sure there’s educational materials internally and externally so the worst possible scenario is planned for,” said Jane Mason,
Lenders & servicers: navigating the 2026 “Super El Niño” Read More »
PennyMac Financial Services on Wednesday reported second-quarter 2026 net income of $22 million, down 84% from a year earlier and sharply lower than its first-quarter net income of $82.3 million, as higher interest rates reduced mortgage production volume and weighed on profitability. The company’s weaker quarter came in tandem with layoffs by the Westlake Village,
Pennymac profit drops in Q2 as rates bite, layoffs follow Read More »