Record Business at National M.I.
Quarterly business ascended to an all-time high at National Mortgage Insurance Corp. As the book of business grew, so did delinquency.
Arch M.I.'s Annual Business More than Doubles
Annual business more than doubled at Arch Mortgage Insurance Co. thanks to a huge acquisition. Quarterly business slowed as defaults deteriorated.
HUD Funding Up In Trump's Budget Proposal
President Donald J. Trump's federal budget proposal moves some expenses to the states and has deficits continuing to expand over the next two years. Funding for the Department of Housing and Urban Development has been increased from last year's proposal, while more activity is expected from the Government National Mortgage Association.
New Business, Delinquency Worse at Genworth M.I.
Genworth Financial Inc.'s mortgage insurance unit saw increased income despite higher delinquency and losses at its parent. New business fell, but the book of business expanded.
FHA Res Business Down, Delinquency Up
Monthly and annual residential business at the Federal Housing Administration retreated as delinquency deteriorated. But in its commercial real estate business, activity ascended.
Another Mortgage Insurer Tightens DTI Requirements
Following the lead of two of its peers, another mortgage insurance company has released more restrictive requirements for loans with high debt-to-income ratios.
Record Radian Biz in 2017 as Book Passes $200 Bil
As annual business ascended to an all-time high at Radian Group Inc., its book of business surpassed $200 billion. But quarterly business slowed, and defaults rose.
DTI Guidelines Tightened by Radian
Changes are being made by Radian Guaranty Inc. to its guidelines for borrowers who have high debt-to-income ratios. The action follows a similar move by another competitor.
MGIC's New Business Down, Delinquency Up
New business during the final-three months of last year declined at MGIC Investment Corp., while delinquency rose. The book of business grew.
9-Month Low for FHA Endorsements, Could Drop More
New business at the Federal Housing Administration fell to a nine-month low, and a further drop is likely. Delinquency deteriorated. Meanwhile, the book of business continued to grow.