MGIC Earnings, Book of Business Up
MGIC increased its quarterly earnings, expanded its book of business and cut delinquency. But new business moved down from the prior period.
Genworth M.I. Cuts Premiums
Genworth Mortgage Insurance has revealed a reduction in the cost of its mortgage insurance premiums in a variety of lending circumstances.
Radian Expands Jumbo Mortgage Programs
Changes to Radian Guaranty Inc.'s guidelines include insuring a non-agency jumbo product offered by a unit of United Guaranty Corp.'s former parent.
FHA Biz Off and Headed Lower, Delinquency Worse
Monthly business dipped slightly at the Federal Housing Administration and is likely to fall further. Residential loan performance, meanwhile, deteriorated.
MGIC Relaxes Program Requirements
MGIC has relaxed some of its underwriting guidelines. Among the changes are higher loan-to-value ratios, increased loan amounts and reduced credit scores.
Dramatic Increase in Arch M.I.'s Book of Business
With the recent completion of a major acquisition, Arch Mortgage Insurance Co.'s book of business skyrocketed and delinquency deteriorated.
|New CEO Named at Radian
The top executive at the parent of Radian Guaranty Inc. is retiring, and a successor has been named to run the mortgage insurance company.
FHA Delinquency Rises
Monthly residential Federal Housing Administration business was little changed, as was its book of business. But deterioration was reported in the rate of single-family delinquency.
Radian's Quarterly Biz Slows, But Annual Record
Although quarterly business slowed from an all-time high at Radian Group Inc., annual activity ascended to a record as delinquency fell.
Trump Administration Suspends FHA Premiums Cut
One of the first acts by the administration of the newly inaugurated President Donald J. Trump was to suspend a reduction in premiums on government-insured mortgages.