Finance

Stacy Brown-Philpot, former chief executive officer of TaskRabbit, has raised $172 million from investors for a new venture capital fund targeting underrepresented founders.

The private mortgage insurers reported just 5% less business versus the third quarter and 33% more new insurance written over the fourth quarter 2023.

Industry trends since the Great Financial Crisis have sparked rising interest in private asset-backed finance.

Private credit and insurers are expected to get even closer this year, potentially prompting regulators to inspect ties between the two and any associated risk, according to a Moody's Ratings report.

The Los Angeles wildfires are an unmissable signal for investors to back startups aimed at mitigating and preventing similar disasters in the future, according to venture capitalist Bill Clerico.

Housing advocates say Sandra Thompson, a longtime Federal Deposit Insurance Corp. board member, aimed to keep an eye on risk as she expanded access to credit.

The NFMA has floated best disclosure practices for public power agencies that ask for more data on climate and resiliency goals.

In the aftermath of the election, a bipartisan group of House members are the latest to ask the FHFA to put the owner's title insurance waiver pilot on hold.

The growth in mobile banking has lowered barriers to accessing the banking system, but the Federal Deposit Insurance Corp.'s National Survey of the Unbanked and Underbanked released Tuesday reveals that minority households are still disproportionately underserved.

Private mortgage insurers are having a strong year so far, although most had flat business in the third quarter, industry results show.