The National Association of Insurance Commissioners is considering limiting its definition of residential mortgages and potentially requiring reporting of the characteristics of residential mortgages held by insurance companies.
Young generations are investing in risky endeavors, such as day trading, sports betting and prediction markets, to build wealth instead of through homeownership.
FASB looking at held-to-maturity hedging; NAIC proposes looser risk-based capital standard for mortgages held by life insurance companies; Better turns to new source of financing; Oregon bank to stop offering mortgages.