Mortgages

The Homeowner Flood Insurance Transparency and Protection Act would temporarily give consumers with higher rates the option to revert to previous lower pricing.

Lenders have focused on front-end cost differences since key secondary market players opened up the option, but what happens when a problem emerges down the road is worth weighing too.

A likely recession will only further the six active players' conservatism in their capital strategies, Fitch Ratings said.

The digital auto title insurtech lowers transfer time from weeks to hours for insurers.

The deal would put housing data provided by the acquiring intelligence provider in front of lenders early in the mortgage borrowing process.

The cut reverts the mortgage insurance requirement to pre-financial crisis levels.

As one of the latest examples of consolidation in the industry, the acquisition is notable in that it aims to preserve the availability of lending resources for both parent companies' customers.

All six companies were profitable in the fourth quarter and the full year, but had far less new volume than in 2021.

The private mortgage insurer is purchasing Agents National and Boston National from Incenter, which itself is a unit of Finance of America.

Claims from a more recent storm that caused some overlapping property damage are also mounting, according to the Federal Emergency Management Agency.

Special purpose credit programs, down payment assistance and potential mortgage insurance premium cuts came into focus over the past year.

The tool, which includes overlays for industry metrics like delinquencies, could be helpful to policymakers trying to size up the cost of natural disasters affecting properties.

The change, effective Dec. 21, is being put into place two years after it was first proposed.

The new product will be based on a recent revision to the Department of Veterans Affairs' handbook for lenders, according to the company.

Plans rolled out by a United Wholesale Mortgage and by Fannie Mae and Freddie Mac could cut costs, but the American Land Title Association warns that the tradeoff is less protection from certain risks.

Wind and storm surge damage to residential and commercial properties could reach $47 billion, according to a CoreLogic analysis.

A piece of legislation cleared the House this week that would allow for so-called "desktop appraisals" on properties financed by government-backed veteran loans.

Consumer use rates may be low in part because they prefer to stick to one method of submitting information needed to apply for a mortgage.

D2C policy acquisition and servicing aren’t as hard as they might look.