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More than 2.5 million properties across the 10 most exposed western states face a moderate or greater risk of wildfire damage, representing nearly $1.4 trillion in reconstruction cost value (RCV), according to Cotality’s 2026 Wildfire Risk Report. The analysis, released Wednesday, highlights a growing concern for insurers, reinsurers, investors and homeowners. It explains that losses […]

Key insight: The FDIC is in early conversations to create standards for bank tech providers through an independent standard-setting body and an assessor for vetting fintechs on behalf of smaller banks. What’s at stake: According to the agency, the initiative may be particularly valuable to community banks that might not otherwise have the resources or

Mortgage lenders set rates around 10am ET every day, but the bond market dictates the day to day changes, and bonds were on the move throughout the overnight trading hours. Granted, the movement wasn’t extreme, but much like yesterday, it suggested a bit of optimism heading into this morning’s main event: the release of July’s