Radian Improves Pricing
Improvements to pricing announced by Radian Guaranty Inc. follow an easing of program requirements last month.
FHA MMIF Capital Ratio Deteriorates
Following four straight years of improvement, the Mutual Mortgage Insurance Fund's capital ratio deteriorated. No reduction in premiums are likely as reverse mortgages continue to be a problem.
Wholesaler, M.I. Firm Capitalize on Mobile Trend
As mobile adoption grows at a robust pace, a wholesale mortgage lender and a mortgage insurance company have positioned themselves to capitalize on the trend.
LOS Providers Prepare for HMDA Reporting Changes
Multiple loan origination systems are ready for upcoming changes to Home Mortgage Disclosure Act reporting requirements. Meanwhile, an LOS has been designed for hard-money lenders. A mortgage insurer's products have been integrated into an LOS.
FHA's Endorsements Solidly Higher
Residential endorsements jumped to the highest level in seven months at the Federal Housing Administration, while commercial real estate activity was the highest in at least four years. Delinquency worsened, however.
Book of Business Expands at Genworth M.I.
The book of business expanded at Genworth Mortgage Insurance Corp. In addition, new insurance written was up from three months earlier.
Record Business, Earnings at NMI
Quarterly pre-tax income and quarterly new business each ascended to the highest level ever at NMI Holdings. In addition, the book of business grew.
Radian Loosens Jumbo, Downpayment Requirements
Changes being made by Radian Guaranty Inc. will make it easier to qualify for jumbo mortgages, loans for medical professionals and transactions with alternative downpayment sources.
Delinquency Down as Book Expands at Radian
Radian Group Inc. expanded its book of business as it brought down the level of delinquency. The company moved out of the red.
MGIC Earnings Leap as Delinquency Sinks
Quarterly earnings at MGIC Investment Corp. soared on a year-over-year basis, while new business improved on a quarter-over-quarter basis. Delinquency sank.