PMI Mortgage Insurance Co., Walnut Creek, Calif., has filed an application with Canada's Office of the Superintendent of Financial Institutions to be allowed to sell mortgage insurance in that country.PMI already offers mortgage insurance products outside the United States in such places as Hong Kong, Australia, New Zealand, and Europe (through offices in Ireland and the United Kingdom). Genworth is a U.S.-based competitor that offers mortgage insurance in Canada. As in the United States, there is also a government product offered through Canada Mortgage and Housing Corp.
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While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
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Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
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Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
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Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
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The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
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The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.
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