Mortgages

This business, tied to the mortgage origination outlook, is becoming ly attractive for 2024, according to BTIG.

The market could find out next year how well foreclosure prevention innovations and home equity protect borrowers from growing strains on affordability.

The digital lender's product comes amid soaring expenses for homeowner's coverage.

Lenders could gain efficiencies from advances in artificial intelligence as the related development of alternative data potentially opens up the market to more borrowers, but hurdles exist.

A combination of economic and environmental factors are sending property and flood coverage premiums soaring, which can make costs insurmountable for some.

Since 2019, distressed loans have increased 77%, but it is just a small portion of the $691 billion currently outstanding.

The large companies are facing macroeconomic pressures because of high mortgage rates, Fitch said, but the American Land Title Association noted the industry's strong financial position.

The power to quickly ingest and analyze large loads of data has become more critical to many businesses that require quick turnarounds in their decision making, technology leaders said.

Reeling from four hurricanes in 2020 and 2021 that caused $23 billion in damage, the state is undergoing an insurance calamity that is harming its economy and even reducing its population.

The storm is slamming housing markets already beset by some of the nation's highest property insurance premiums.

The ledger technology can make artificial intelligence systems more transparent, some industry stakeholders say.

The growth in market share comes as the national insurance program has instituted a risk-based pricing regime that's led to some fluctuation in rates.

Major firms cite costly devastating hurricanes and widespread litigation against the industry as reasons to sunset policies for an unspecified number of property owners.

The nation's most flood-prone counties experienced a net influx of about 400,000 people in 2021 and 2022, Redfin found.

The first and fourth-largest home insurers in the Golden State won't issue new policies because of rising construction costs and exposure to catastrophes.

Decision-making algorithms powered by machine learning are seen as the next frontier for a more nuanced approach to mortgage decisions but skeptics worry this will just be a new way to discriminate.

The government-sponsored enterprise's chief executive managing the issue is looking at how things like roof pitch can mitigate the impact of natural disasters on homes.

The title insurer was the third of the big four companies to come to an agreement with New York Attorney General Letitia James in an ongoing investigation.

Fidelity National Financial Inc., the biggest US title insurer, illegally colluded with competitors by agreeing to not solicit, recruit or hire each other's employees, the New York attorney general said.

The technology can mitigate project risk at job sites.