Origination Report Shows Dramatic Changes Over 2021

  The report for December 2021, however, allows us to see that, in some respects, the mortgage market has evolved significantly over the last 12 months.Ā We hope you enjoyed last week’s edition where we talked about How Will Appraisal Technology Evolve In 2022?Ā This week we’re bringing you:   FHA, VA News Impacting Lenders; Vendor Tools* […]

Usage Based Insurance ā€“ Zooming Towards A New Concept

  The pandemic has triggered a notable uptick in usage based insurance (UBI), and the auto segment has been working towards developing the best digital solutions to keep money in clientsā€™ pockets. Last week you were reading Does Wholesale Distribution Increase Costs For Insureds? This week we’re bringing you:Ā    Insurers Could Get Lower Rates […]

Ron Terwilliger On How To Make More Affordable Housing

  America suffers from a severe shortage of affordable homes. This development did not occur overnight: Over the past 20 years, we haveĀ ā€œunderbuiltā€ housing by at least 5.5 million homes. We hope you enjoyed last week’s edition where we talked about How Will Appraisal Technology Evolve In 2022?Ā This week we’re bringing you:   Could renovated […]

A View From The Top Of A ‘Healthy But Evolving’ Reinsurance Market

  The global reinsurance market was described as ā€œhealthy but evolvingā€ in Guy Carpenterā€™s January 01, 2022, renewals briefing. Last week you were reading Does Wholesale Distribution Increase Costs For Insureds?Ā This week we’re bringing you:   10 Emerging Risks to Watch*   Insurance Journal examined industries experiencing changes and a few challenges due to the […]

Does Wholesale Distribution Increase Costs For Insureds?

There is a long-standing assumption among insurance buyers that wholesale distribution is more expensive than retail distribution. Last week you were reading Governor Signs Insurance Bad Faith Statute For Auto Insurers.Ā This week we’re bringing you:   How insurtechs are accelerating growth*   Kevin Stein learned quickly in early 2021 how much a contest win would […]

How Will Appraisal Technology Evolve In 2022?

  Appraisal technology/management systems need to offer advanced automation and configurable workflows that can react to changes quickly. We hope you enjoyed last week’s edition where we talked about Mortgage Apps Up 2.3% With New Record Average Loan Size.Ā This week we’re bringing you:   ā€˜Cash is kingā€™ should be mantra for mortgage leaders* Forecast business, […]

Mortgage Apps Up 2.3% With New Record Average Loan Size

  Mortgage apps increased 2.3% from the previous week, largely due to a strong purchase market, according to the Mortgage Bankers Association (MBA) survey for the week ending Jan. 14. We hope you enjoyed last week’s edition where we talked about Purchase Loans Drive Mortgage Applications Higher. This week we’re bringing you:   Regulators slap […]

Governor Signs Insurance Bad Faith Statute For Auto Insurers | No. 1 Guide For All

  Governor signed Insurance Bad Faith Statute into law some legislation to allow policyholders to sue their auto insurers for as much as 3xs the applicable coverage amount. Last week you were reading Reinsurance Renewals Vary Significantly By Line.Ā This week we’re bringing you:   How to combat the ‘bullwhip effect’*   Remember when we were […]

Purchase Loans Drive Mortgage Applications Higher

  Mortgage applications climbed 1.4% for the week ending Jan. 7, 2022, according to a survey published by the Mortgage Bankers Association this week. We hope you enjoyed last week’s edition where we talked about Opinion: Mortgage Industry Will Shed 100K Jobs This Year. This week we’re bringing you:   Mortgage delinquency rate reaches pre-pandemic […]

Reinsurance Renewals Vary Significantly By Line | 2022 Definitive Guide

  Reinsurance renewals rates fluctuated widely at Jan.1 renewals, with catastrophe losses and a constrained retrocessional reinsurance market driving property rates higher while casualty rates rose in a narrower range. Last week you were reading 2022 – The Age Of Online Insurance.Ā This week we’re bringing you:   Liability rate hikes ease as competition increases*   […]