Radian Improves Pricing
Move follows relaxing of guidelines in October
Nov. 16, 2017
By Mortgage Daily staff
Improvements to pricing announced by Radian Guaranty Inc. follow an easing of program requirements last month.
According to the Philadelphia-based organization, it is updating its borrower-paid, lender-paid and SplitEdge rates.
The mortgage insurance company is eliminating required loan amount adjustments to M.I. premiums.
The details were discussed in Radian eBulletin #2017-07.
Rate changes apply to all M.I. applications that are received on or after Dec. 4. The changes are subject to regulatory approval.
Last month, Radian announced that it eased requirements on jumbo and other programs.