ARM Lending Up in 2Q, Share of Originations Increases

Inside Mortgage Finance, Sept. 3, 2024–James DohnertWith borrowers anticipating further declines in interest rates on mortgages, originations of adjustable-rate mortgages increased in the second quarter of 2024.Click here for more (subscription)

California Allows Highest Home Insurance Hike in Years

Newsweek, Aug. 30, 2024-Giulia CarbonaroThe California Department of Insurance gave Allstate permission to increase its homeowners insurance premiums by an average 34.1 percent, the largest rate hike of any major …

Banks’ Mortgage Servicing for Others Falls

Inside Mortgage Finance, Aug. 30, 2024–Brandon IveyBanks are pulling back on mortgage servicing for others, according to a recent Inside Mortgage Trends report.Click here for more (subscription)