The Desjardins Group, a Quebec-based lender, is no longer issuing mortgages in high-risk flood areas, multiple media outlets reported this week. That is stoking concerns that similar measures could be taken in other places, including the U.S. According to the Insurance Bureau of Canada, roughly 1.5

Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA) on Thursday will have an impact on title insurer ratings.In an emailed statem

The Consumer Financial Protection Bureau (CFPB) will be closely scrutinizing what it described as “junk fees” imposed on borrowers when closing a mortgage. Its new priority has provoked strong criticism from the mortgage industry. President Joe Biden announced a housing plan during his 2024 State of

The Securities and Exchange Commission (SEC) this week announced new rules that will require publicly traded companies to disclose climate risks and how much greenhouse gas emissions they produce. But compared with a prior proposed version of the rules from 2022, media outlets have characterized the