A group of state attorneys general, led by Oregon and New York, are suing the Office of the Comptroller of the Currency over its rule quashing laws requiring banks to pay interest on mortgage escrow accounts. Processing Content The suit was filed in the U.S. District Court in Oregon, seeking to prevent OCC from implementing […]
States sue OCC over mortgage escrow interest pre-emption Read More »
Rocket Cos. CEO Varun Krishna will be applying his finance and technology expertise in a new venture outside of the mortgage industry as he joins the board of directors at Southwest Airlines. Processing Content Southwest executives highlighted his current and past strategic leadership experience at digital and customer-centric enterprises, citing them as key strengths that
Rocket CEO gets onboard Southwest Airlines as a new director Read More »
Home insurance premium growth is slowing, as competition among providers has returned, a new industry report found. Processing Content A record 11.7% of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year and 4.9% in 2024, according to Matic’s mid-year trends report. On average, homeowners who extended coverage experienced a
Insurers ease underwriting as carriers compete for buyers again Read More »