Life insurers increased their rate of investment in mortgages in 2014, according to a Fitch Ratings report.
Investments in mortgages
The allocation of mortgages in life insurance companies' portfolios remained in the range of 8% to 12%, with large life insurers dominating the market.
Mortgage portfolio yields fell 10 basis points to 5.36% in 2014, "following the general direction of low interest rates for new money investments," Fitch Ratings said.
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
