Insurance industry advisors and groups say the INSURE Act proposal for a catastrophic reinsurance program won't solve rising prices and coverage crisis.
A Senate budget bill includes language regulating the use of mortgage trigger leads, legislation that much of the industry supports.
Plaintiffs could amend certain allegations related to the bank suspending some payments without permission, but the judge dismissed others outright.
The state court seemed open to a narrower view of the legal applicability to loans predating the statute than of broad constitutional challenges to it.
In dollar terms, the amounts consumers had to come up with increased by $500 on a consecutive quarter basis, in contrast to a $100 drop the year before.
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A federal district court judge granted an injunction allowing Federal Reserve Gov. Lisa Cook to remain on the central bank's board pending the outcome of her legal challenge to President Donald Trump's move to fire her late last month.
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An atypical summer for home price growth and mortgage rates approaching their lowest point in 12 months could entice sidelined buyers, Cotality said.
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The Foreclosure Abuse and Prevention Act has reportedly stopped one company from buying loans in the New York, others are said to be paying less for them.
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Besides upsizing the IPO, Figure's announced its technology is supporting Longbridge Financial's senior-specific home equity line of credit rollout.
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Investors are anticipating the annual preliminary benchmark revision of US payrolls data. Further signs of softening could further raise expectations for Fed easing.
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Mortgage experts say the government can tweak closing costs, offer tax incentives around home sales and reduce interest rates by various means.
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Incentives for companies aren't the same as incentives for people. The QRM risk-retention rule doesn't solve "IBG, YBG" "I'll be gone, you'll be gone." Banks appear to have been slow to adopt clawback policies for individual lenders.
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Borrowers who are being sued by lenders over the money owed on foreclosed mortgages are making novel use of the Fair Debt Collection Practices Act. They argue that they cannot be sued if they live in a state different from the one where the property is located.
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Having a specialty or a niche helps to keep your business away from being at the mercy of interest rate shoppers.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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