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SEC Draft Strategic Plan for 2026-30 Signals Policy Shift

In June, the Securities and Exchange Commission (SEC) released a draft strategic plan setting out its priorities through 2030. The SEC is required to publish a plan like this every four years, but this one is a departure in substance, not just timing. Clients in digital assets, private capital formation or industries that have drawn […]

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Jimi Grande is the senior vice president of federal and political affairs at NAMIC

Insurers under fire for using credit scores to set rates

Credit-based insurance scores are used to help adequately risk-based price homeowners insurance, so lower risk consumers are not subsidizing higher risk ones, the Insurance Information Institute said. Processing Content Triple-I’s comments came in response to a letter to six insurers signed by 20 members of Congress, led by Sen. Elizabeth Warren, D.-Massachusetts in her role

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FOA reverse volume up 21% as home equity demand expands

Finance of America grew its reverse mortgage business significantly in the second quarter, despite posting a $29 million loss during the period. Processing Content Funded volume increased 21% year over year to $730 million for the Texas-based reverse mortgage company, meanwhile its net income fell 136% from $80 million in the second quarter of last

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