LGBTQ News

Title waiver pilot program will have little impact on the industry: Fitch Ratings

Industry analysts believe the subset of loans that the FHFA's pilot program applies to isn't large enough to impact the title industry.

logo.png  By LGBT  Mar 10, 2024

Canadian mortgage lender rolls back activities in flood-prone zones

The Desjardins Group, a Quebec-based lender, is no longer issuing mortgages in high-risk flood areas, stoking fears that similar measures could occur in the U.S.

logo.png  By LGBT  Mar 10, 2024

‘There will be bank failures,’ Fed chief tells lawmakers

Federal Reserve Chairman Jerome Powell said he expects some U.S. banks to fail in the coming months due to struggles in commercial real estate loan portfolios.

logo.png  By LGBT  Mar 10, 2024

Mortgage rates fall as labor market normalizes

Jobless claims show an expanding economy. We will only be in a recession once jobless claims exceed 323,000 on a four-week moving average.

logo.png  By LGBT  Mar 10, 2024