U.S. mortgage insurer Radian has acquired Inigo, a Lloyd’s specialty insurer, according to an announcement on Thursday. Radian has agreed to pay $1.7 billion for Inigo. The transaction will primarily be all-cash, which Radian said will be funded from its available liquidity sources and excess capital from its subsidiaries. According to the release, this $1.7 […]
Radian acquires specialty insurer Inigo for $1.7 billion Read More »
The Trump administration asked the Supreme Court on Thursday to issue an emergency order that would allow for the removal of Lisa Cook from the Federal Reserve’s board of governors. The move came after an appeals court refused to back the administration’s attempt to oust Cook earlier this week, upholding federal Judge Jia Cobb’s order last
Trump asks Supreme Court to uphold firing of Fed governor Cook Read More »
The Michigan State Housing Development Authority (MSHDA) announced on Thursday that it is partnering with the Tobias Harris Homeownership Initiative, Guild Mortgage and Homium on a pilot shared-appreciation mortgage program aimed at expanding access to homeownership in Detroit. The effort is backed by Detroit Pistons basketball player Tobias Harris. The mortgage product will provide qualified
Detroit’s new 40% down payment assistance program Read More »
The Financial Crimes Enforcement Network (FinCEN), its director Andrea Gacki, as well as the Department of the Treasury and its secretary, Scott Bessent, do not believe their anti-money laundering rule, which is slated to go into effect on Dec. 1, 2025, will cause Fidelity National Financial (FNF) irreparable harm. The defendants made these claims in
FinCEN defends anti-money laundering rule ahead of Dec. 1 deadline Read More »
The Impact Group, a top-ranked 31-agent real estate team based in Denver, has joined eXp Realty, the brokerage announced. The team — supported by four staff members — closed $305 million in sales across 429 units in 2024. The Impact Group has ranked first in the Denver Metro Association of Realtors sales rankings for two
The Impact Group, a top-ranked Denver team, joins eXp Realty Read More »
Groundfloor Lending on Wednesday announced the expansion of its leadership team as its new business unit continues to scale. The recent appointments of Patrick Donoghue as vice president and general manager, Kendall Bazan as vice president of revenue, and Andrew Hurd as vice president of risk mark the next chapter for Groundfloor Lending as it
Groundfloor Lending expands leadership team Read More »
Form Simplicity — a transaction management platform created and owned by Florida Realtors — has launched Sabal Sign, a fully integrated e-signature tool for its Ultimate Edition users nationwide. Sabal Sign provides unlimited signing sessions, mobile-friendly workflows and full compliance with U.S. electronic signature laws, eliminating the need for third-party services, Florida Realtors said. “Sabal
Florida Realtors builds e-sign tool available nationwide Read More »
Last week, Traditional Mortgage Acceptance Corp. (TMAC), dba GoodLife Home Loans, announced a leadership change when it promoted Chase Kinder to lead its wholesale division. GoodLife is the country’s fourth-largest originator of Home Equity Conversion Mortgages (HECMs), according to the most recent industry data from Reverse Market Insight. The company endorsed 1,344 HECM loans during
GoodLife’s Chase Kinder on growing his company’s reverse mortgage presence Read More »
Mortgage lenders are recalibrating ahead of the Federal Reserve’s anticipated monetary easing cycle by rolling out rate promotions, streamlining operations and broadening product menus. They aim to capture demand while navigating affordability and margin pressures. Executives told HousingWire they’re preparing for renewed borrower activity as rates edge lower — but with caution, given political headwinds,
How will lenders recalibrate as Fed signals path to lower rates? Read More »
The Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday, setting the target range at 4% to 4.25%. The first cut since December 2024 marks a new phase in the central bank’s effort to balance maximum employment and stable prices. Economists say it could usher in an easing cycle with direct
Fed cuts rates by 25 bps as inflation lingers, labor market weakens Read More »