Private Mortgage Insurers Return to Profitability after Housing Crisis

Fannie Mae has reached a historic $53 million settlement with the National Fair Housing Alliance (“NFHA”) and local fair housing organizations throughout the U.S. to resolve racial discrimination claims concerning Fannie Mae’s management and marketing of real estate owned (“R...

The mortgage industry’s first “crypto-mortgage” has been issued by a financial technology firm. Presaging what could become a widespread loan product, the value of an applicant’s bitcoin or other cryptocurrency is used to qualify for the loan. Read to learn more about the bu...

In the wake of recent malware attacks, carriers are rewriting insurance policies to cover “cyberterrorism,” while continuing to exclude “war or hostile acts.” Read to learn what the Merck court case decision may push carriers to do in order to resolve the apparent conflict be...