Author: buyorsellyourhome

Although interest rates have been on a downward trend, Old Republic, one of the top four title companies, saw a significant annualized drop of 22.8% in net premiums and fees in its title insurance division in the final quarter of 2023. This sharp decline played a significant role in the year’s overall decrease of 12.8%. The final quarter of the year was particularly challenging for the company’s title segment.

In its inaugural meeting of the year, the Federal Open Markets Committee (FOMC) of the Federal Reserve opted to maintain the short-term policy interest rate within the 5.25% to 5.5% spectrum on Wednesday.

The Securities and Exchange Commission (SEC) routinely reviews the criteria for accredited investor status every four years. In 2020, the SEC relaxed these guidelines and as a consequence, over 18% of American homes now meet the qualifications. This newfound wide-scale access to resources exclusive to accredited investors has raised concerns within the SEC about potential overexposure. Below is further information on the potential amendments that could be on the horizon.