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In an address on Tuesday, economic advisor Lael Brainard also discussed the controversy surrounding the president's proposed title waiver program.

The agency had intended to block access to tax data by most lenders on June 30 as part of a policy change that sought to protect taxpayer privacy. But drew broad opposition from the financial services industry.

Company executives are counting on Guild's recent acquisitions to buoy business once the market normalizes.

The lender and servicer is still in the red but trimmed its expenses, and overall losses, significantly in 2023.

Voters approved Proposition C, which offers a tax break for developers to convert up to 5 million square feet of commercial space by 2030.

Some mortgage companies had to write down values in the fourth quarter due to increased prepayment risk, but many loans haven't been exposed to that concern.

The American Land Title Association, which represents the title insurance industry, argued that the program would not cut costs for those who really needed it.

Diana Krall is an experienced blogger writing about insurance technology for over five years at Insurance Support World. With a background in computer science and a passion for the insurance industry, Diana has dedicated most of her time to research and analysis of the insurance industry about rising challenges in the age of AI and automation.

Through her blog, Diana offers insights on emerging trends in insurtech, including AI, and automation. She also provides valuable information on how these technologies are changing the way insurers do business, from underwriting to claims management.

Melissa Segel is a partner in Swift Currie's Atlanta office. She represents insurance carriers and businesses in commercial litigation and insurance coverage matters, with an emphasis on defending against bad faith and fraudulent claims.