A careful search for insurance coverage should be at or near the top of the checklist of any business that receives a claim brought by a state or federal governmental entity, or private party, relating to environmental contamination. While often overlooked, old insurance policies may provide coverage for environmental liability…
Continue reading →HousingWireHousingWire New York Community Bancorp (NYCB) this week announced that it rebranded to Flagstar Bank, laid off 700 employees and anticipated the transition of another 1,200 to Mr. Cooper Group as part of the sale of its third-party origination (TPO) business and mortgage servicing rights (MSRs). The changes come after…
Continue reading →Before the last New Hampshire primary, the Democratic Party, at the urging of President Joe Biden, attempted to strip our state of its traditional first-in-the-nation status, allegedly on the basis that we are too white and not diverse enough. After that mistaken decision, we had a strong turnout, our Democrats…
Continue reading →BY RAY BROUSSEAU Those of us who work in the defense industry have our marching orders: We must ensure our men and women in uniform receive the best equipment and support available to carry out their missions and return home safely. Ray Brousseau It’s an effort we at BAE Systems…
Continue reading →HousingWireHousingWire As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. With higher rates, lower transaction volumes usually plague the industry, translating to fewer appraisals as homeowners hunker…
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