Three private mortgage insurance companies wrote $9.2 billion in primary new insurance in January, up from $5.4 billion a year ago, according to new report by the Mortgage Insurance Cos. of America.
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However, February’s report marks the first time in eight months that new insurance written fell below $10 billion.
As of Feb. 28, the three companies had $401.3 billion in primary insurance-in-force, up 1% from a year ago
The three companies are Genworth Mortgage Insurance Corp., Mortgage Guaranty Insurance Corp. and Radian Guaranty Inc.
Meanwhile,
