Continued housing market resiliency will benefit U.S. title insurers in 2025 as broader macro headwinds continue to subside, according to Fitch Ratings, New York.
Category: News and Trends
ICE: September, October See Refinance Surge
Intercontinental Exchange Inc., Atlanta, released its Mortgage Monitor, finding that more than 300,000 refinances closed in September and October–the most in 2.5 years.
Cornerstone’s Scott Almy and Adam Laird: Success Among the Rough Mortgage Waters
The drop in mortgage business hasn’t been a sinking ship for all. Some banks remain successful and continue to prosper with their mortgage business. How were some able to weather the storm when others abandoned ship?
Overseas Investors Report Uncertainty, AFIRE Finds
Cross-border investment dynamics, climate change trends and zoning reform are top-of-mind for global institutional investors, according to AFIRE, the association for international commercial real estate investors.
FHA Extends Foreclosure Moratoriums for Borrowers Affected by Hurricanes Helene, Milton
The Federal Housing Administration on Friday extended the foreclosure moratoriums in connection with Hurricanes Helene and Milton through April 11, 2025.
November Job Growth Exceeds Expectation
November’s job creation bounced back from October and exceeded consensus estimates.
CoreLogic: 33,000 Homes Face ‘Triple-Threat’ From Natural Disasters
CoreLogic, Irvine, Calif., reported that across the U.S., 33,000 homes face a triple threat–essentially, year-round extreme risk from three natural disasters.
Servicing Quote of the Week
“We have long advocated for transparent policies, clear servicing requirements, and fair and equal access to the secondary market for lenders of all sizes and business models.”
–MBA President and CEO Bob Broeksmit, CMB, discussing current political conversations around GSE conservatorship
FHA Revises Cyber Incident Reporting Requirements
The Federal Housing Administration on Monday updated its requirements for cyber incident reporting.
To the Point With Bob: MBA Is Ready to Help Shape a Safe and Sound Exit Plan from GSE Conservatorship
MBA President and CEO Bob Broeksmit, CMB, says MBA welcomes the opportunity to work with policymakers to forge a path to finally end the GSE conservatorship.