Mark A. Casale has been named president of Radian Guaranty Inc., the principal mortgage insurance subsidiary of Radian Group Inc., Philadelphia.Mr. Casale, 41, will continue to head the company's mortgage insurance business in the United States, Radian said. He was most recently the company's executive vice president of mortgage insurance, and he previously served as senior vice president for capital markets. Radian can be found on the Web at http://www.radian.biz.
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
Nonbank mortgage firm Pennymac said having an in-house system gave it a leg up on implementation, while a vendor also reported progress in its systems testing.
United Bank and Five Points Bank, both ranked among the top-performing banks by Capital Performance Group, said they have stayed in the mortgage business because they see it as a way to build strong relationships in the communities they serve.
The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.