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Daily Dose

Higher Mortgage Rates Expected to Slow Housing Activity

According to the April 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve are expected to further moderate economic output already being weighed down by ...

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Mr. Cooper Taps New Appointment as EVP and CFO

Mr. Cooper Group Inc. has announced the appointment of Jaime Gow as Executive Vice President and Chief Financial Officer.  Gow succeeds Chris Marshall, who has served as Vice Chairman and President since June 2021. As CFO, Gow will continue to ...

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Uncovering Natural Disaster Insurance Gaps

The consumer question at bay, do insurance companies cover natural disasters?  The answer is, there is no single insurance policy specifically labeled for natural disasters, but there are homeowners insurance plans that cover several types of potentially home-damaging catastrophes.   ...

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Fannie Mae Executes $23.1B CIRT on Single-Family Loans

Fannie Mae announced the execution of its fourth Credit Insurance Risk Transfer (CIRT) transaction of 2022. Dropping nearly 12% from the first transaction of $26 billion executed in February, Fannie Mae will retain risk for the first 45 basis points ...

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