Insurers ease underwriting as carriers compete for buyers again

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 […]

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Survey shows just how reliant on subservicers lenders are

The subservicing business that acquirers have been setting their sights on depends on demand for work with third parties, which begs the question of how popular the strategy really is now. Processing Content A recent Stratmor survey shows that subservicing acquirers like Pennymac, Carrington and Rocket Mortgage are investing in a service that the majority

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TRID review triggers battle over refi rescission rules

While saying the Consumer Financial Protection Bureau should prioritize narrow targeted reforms to the TILA/RESPA Integrated Disclosures, the Mortgage Bankers Association is also seeking the elimination of the three-day right of rescission on a refinance. Processing Content The response was just one of 339 made for the July CFPB Request for Information on possible revisions

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