The availability and affordability of property insurance has been an issue of concern for both mortgage lenders and borrowers. Earlier this year, the LBA worked with the property insurance industry and other stakeholders to pass legislation making changes to help improve the property markets in our state. We will discuss that property insurance legislation which went into effect on August 1, 2024. How is property insurance impacting new and existing mortgage transactions? Let’s talk about what we are seeing and how this is impacting mortgage lending? There is a lot of public discussion about future lowering of interest rates. How is this affecting loan activity? Lots to discuss. We look forward to the conversation on October 2nd. This peer group will meet via Zoom. Register today.
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