PMI

Mortgage and title insurance companies licensed in New York need to file disaster response plans this year in line with increased state attention to business continuity planning.

MGIC Investment Corp.'s first-quarter net income beat analysts' estimates due to favorable loss development and that should be seen with the other private mortgage insurers.

Radian Group is adding 40-state title insurer and settlement services company Entitle Direct to its operations in a move aimed at complementing the geographic reach of its existing title agency.

Freddie Mac and Arch Capital are testing a new form of risk-sharing deal to boost investor appetite for low down payment mortgages. But the pilot is raising concerns about "charter creep" because it dictates private mortgage insurance decisions typically made by lenders.

Essent Guaranty is marketing $360.75 million of notes linked to the performance of a pool of residential mortgages that it insures; its following in the footsteps of Arch Capital.

NMI Holdings' common stock sale puts the company in a stronger position for future fundraising efforts, such as a now-delayed debt offering.

Participants at the Structured Finance Industry Group conference in Las Vegas say that future deals could be linked to the performance of jumbo, as well as conforming loans.

First-time homebuyers using loans backed by private mortgage insurance soared in the fourth quarter on the growing popularity of Fannie Mae and Freddie Mac's 3% down payment options, according to Genworth.

Private mortgage insurance continued to take market share from the Federal Housing Administration in 2017, with both products outpacing the growth in mortgage debt outstanding.

National MI set a record for new insurance written in the fourth quarter, but its parent company reported a net loss for the period due to tax reform.