"Ocak 2025" Arşivleri

Arşiv Sayfaları

Higher insurance premiums are a shoo-in after the LA wildfires

As wildfires tear through Southern California and firefighters battle winds up to 100 mph, tens of thousands of residents have evacuated. The looming impacts on real estate and insurance are also at the forefront of Californians’ minds.  According to Anthony Marrone, the fire chief for Los Angeles County, the wildfires have torched more than 1,000…

Ally Financial closes mortgage origination business

Higher-for-longer mortgage rates have claimed their first victim of 2025. Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments. The company also plans to explore strategic alternatives for its credit card business in the first quarter of 2025. These changes…

NAHB, 15 state AGs sue federal agencies over energy codes for new homes

A coalition of attorneys general from 15 states and the National Association of Home Builders (NAHB) have filed a lawsuit against the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) over energy-efficiency standards for newly constructed homes that were finalized in April 2024. The standards were said to…

Bayview settles for $20M with 53 state regulators over cyberattack

Bayview Asset Management and three subsidiaries have agreed to pay a $20 million fine and implement a corrective plan following a 2021 data breach that affected 5.8 million customers. The settlement, announced Wednesday by the Conference of State Bank Supervisors, involves 53 state financial regulatory agencies. It includes Bayview and three of its affiliates, Lakeview…