In The News

AcquisitionIn The News

Novacore To Acquire CP Insurance Associates, Expanding Capabilities

Novacore, an independent, next-generation specialty insurance provider set to shape the future of specialty insurance, has entered into a definitive agreement to acquire CP Insurance Associates (CPIA), a Texas-based insurance services agency specializing in lender-placed insurance, investor property and buy here pay here programs, as well as insurance for financial institutions.

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AffordabilityIn The News

Homebuyer Affordability Improved Slightly In December

Homebuyer affordability improved slightly in December, with the national median payment applied for by purchase applicants decreasing to $2,025 from $2,034 in November. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).

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