HUD Budget Includes New FHA Administrative Fee
The Department of Housing and Urban Development's proposed budget includes a new administrative fee on government-insured mortgages to fund technology updates.
FHA Originations Ric, Delinquency Tumbles
The monthly volume of home loans insured by theFederal Housing Administration turned higher, and a further increase is on the way. Delinquency, meantime, sank.
Genworth Relaxes M.I. Guidelines
Among other things, Genworth Mortgage Insurance has loosened loan-to-value ratios and jumbo guidelines on some programs.
National MI's Book of Business Expands
Even though quarterly new business took a tumble at National MI -- earnings held up and the book of business continued to grow.
Genworth M.I.'s Earnings, Book of Business Up
Although new business tumbled at Genworth Mortgage Insurance Corp., earnings were significantly better and the book of business grew.
Earnings Improve, Book Expands at Radian
Despite retreating new business at Radian Group Inc., earnings improved, the book of business expanded and loan performance was better.
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.