Mortgage insurance

President Trump's Big Beautiful Bill aims to save millions of homeowners an average of $1,454 annually,writes HUD Secretary Scott Turner.

New insurance written at the six private mortgage insurers increased by only 2% year-over-year, a sign of the sluggish home sales market at the low end.

Private mortgage insurers must accept the FICO alternative as valid collateral before it can be widely adopted by the mortgage industry.

While still remaining relatively bullish on the sector because of its strong performance year-to-date, all five companies' stock outlook is at "market perform."

The first quarter showed a narrowing in the market share spread between the six active underwriters, but that was before April's economic uncertainty.

A bipartisan group of representatives co-sponsored the bill, aiming to make permanent and expand eligibility for a deduction previously offered for 14 years.

With today's low inventory, an MIP reduction would again be absorbed into home prices, offering no real relief to buyers, write the co-directors of the AEI Housing Center.

The private mortgage insurers reported just 5% less business versus the third quarter and 33% more new insurance written over the fourth quarter 2023.

Products belonging to Amynta Group's newly acquired Crum & Forster platform included coverage aimed at protecting mortgage loan portfolios from borrower default.

New insurance written in the second quarter was only 2% lower year-over-year, the smallest drop in nearly three years.

At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.

New American Funding, Lower and FirstSun Capital among purchasers in recent M&A deals within the mortgage space.

As the book of business written during the 2020 to 2022 period enters peak delinquency years, default notices are expected to rise, fourth quarter earnings comments revealed.

The decision removes any possibility that the Chicago-based firm would recapitalize or peddle Republic Mortgage Insurance to an outside entity.

Radian and MGIC grabbed a larger portion of new insurance written during the period while maintaining pricing discipline.

Homebuilders are among plaintiffs seeking a halt to the Federal Emergency Management Agency's overhaul.

A likely recession will only further the six active players' conservatism in their capital strategies, Fitch Ratings said.

Bond credit enhancement has benefited from historically higher-than-average prepayment speeds and low realized losses despite a COVID-related rise in delinquencies.

The insurer’s stock has consistently been above its initial $19-per-share price, unlike those of the mortgage originators who recently went public.