More than 4.3 million homes across the U.S. face a high wildfire risk, putting an estimated $2.15 trillion in residential property value in jeopardy, according to a new report from climate risk analytics firm ZestyAI. The AI-driven study, which analyzed 126 million properties nationwide, found that wildfire threats extend far beyond traditionally high-risk regions. While…
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Technology platform Figure, which powers a liquid, blockchain-based marketplace for financial products, and global investment firm Sixth Street today announced the formation of a new joint venture vehicle in which Sixth Street’s asset-based finance platform has committed to invest $200M of equity. Per a press release from Figure, Sixth Street’s commitment can be recycled and…
Bill Pulte, President Donald Trump’s choice to lead the Federal Housing Finance Agency (FHFA), sat Thursday for a confirmation hearing with the Senate Committee on Banking, Housing and Urban Affairs alongside nominees for three other administration positions. The lion’s share of questioning from senators first went to Consumer Financial Protection Bureau (CFPB) director-designate Jonathan McKernan…
Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows.