Origination

The private mortgage insurers, Radian Group and MGIC Investment Corp., finished Monday as the biggest gainers among Mortgage Industry Equity Composite stocks.

The nation’s title insurance underwriters, dominated by four national players but also including approximately 30 regional companies, as a whole are appropriately capitalized.

It is a sign of both the tough economy and the changing regulatory environment for mortgage servicers that they are upgrading the technologies they use to manage mortgage defaults.

VantageScore Solutions has reconstructed its credit scoring model both to aid lender implementation and consumer understanding.

Prime borrowers whose loans are making up the small number of private mortgage-backed securities pools issued since the start of 2010 are prepaying at rapid rates.

A $390 million large-loan commercial mortgage backed securities deal backed by a property on New York’s Fifth Avenue is coming to market with preliminary ratings from Kroll.

The Mortgage Bankers Association has no problem with the Federal Housing Administration’s decision to increase the downpayment requirements on FHA-insured jumbo loans.

A Federal Reserve Board governor expects the supply of existing homes on the market will remain tight for some time.

Commercial and multifamily debt outstanding increased nearly $30 billion during 2012, with a 4Q12 increase of nearly $22 billion, the Mortgage Bankers Association said.