FHFA’s pilot to waive lender title insurance on refis faces opposition

FHFA’s pilot to waive lender title insurance on refis faces opposition

President Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on certain refinance transactions, according to the White House. The plan... Read more »
Enact CEO Rohit Gupta talks mortgage insurance as homebuyers struggle with down payments

Enact CEO Rohit Gupta talks mortgage insurance as homebuyers struggle with down payments

Rohit Gupta, Enact CEO, joins 'Closing Bell Overtime' to talk the state of housing and mortgage rates. Source link Read more »
Industry experts are closely watching delinquency rates, insurance costs

Industry experts are closely watching delinquency rates, insurance costs

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s... Read more »
FHFA’s pilot to waive lender title insurance on refis faces opposition

NAR runs out of liability insurance coverage: Sources

Three sources, who have asked to remain anonymous, have confirmed to HousingWire that the National Association of Realtors (NAR) has run out of liability insurance funds. The news about NAR’s insurance predicament... Read more »
5 Ways to Reduce Homeowners Insurance Costs (2024)

5 Ways to Reduce Homeowners Insurance Costs (2024)

Many new homeowners are looking for ways to save on their home insurance. Although some seem obvious because they are so highly advertised (bundling with auto, shopping online), there are others that... Read more »
FHFA’s pilot to waive lender title insurance on refis faces opposition

Another homeowners’ insurance carrier leaves California

Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group, better known as The Hartford, announced Wednesday that it would no longer issue new homeowners... Read more »
Senate considers flood insurance reforms, but roadblocks remain

Senate considers flood insurance reforms, but roadblocks remain

The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on Thursday that focused on the reauthorization of the National Flood Insurance Program (NFIP), showing that its bipartisan support... Read more »
Concerns are growing over the rising cost of homeowners insurance

Concerns are growing over the rising cost of homeowners insurance

The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk, a technology services company serving the residential... Read more »
Homeowners are getting worried about flood insurance costs

Homeowners are getting worried about flood insurance costs

Homeowners are increasingly concerned with flood insurance premium hikes impacting affordability, Fannie Mae‘s latest national flood survey showed.  Despite people’s personal flooding experience, consumers have a poor understanding of the flood risk... Read more »
Old Republic exits mortgage insurance space

Old Republic exits mortgage insurance space

Big Four title firm Old Republic is selling its mortgage insurance business to Arch Capital Group Ltd., according to an announcement on Monday. As part of the $140 million transaction, Arch will... Read more »