PMI

Fannie Mae's credit risk sharing transactions since 2013 have grown to the point where the total for the unpaid principal balance transferred has reached $1 trillion.

The six private mortgage insurers are jockeying to differentiate themselves with value-add services that complement their core product.

While consumers pay for mortgage insurance policies, carriers like Arch MI are forging new relationships with real estate agents and strengthening lender partnerships to reach the growing segment of millennial and low-to-moderate-income homebuyers.

Private mortgage insurers have brought their once-beleaguered sector back to financial health. But rebuilding trust with their business partners is still a work in progress.

Essent Group Ltd., the Hamilton, Bermuda-based parent of Essent Guaranty, reported first-quarter net income of $66.6 million.

Radian Group earned $76.5 million for the first quarter, up 16% from $66.2 million one year prior, helped by a 25% year-over-year rise in new insurance written.

Arch Capital Group's 62% first-quarter earnings improvement was driven by its acquisition of United Guaranty Corp.

MGIC Investment Corp. had net income of $89.8 million for the first quarter, an increase of nearly 30% over the same period last year of $69.2 million.

Love 'em or hate 'em, the mortgage business is full of jargony abbreviations. Test your mortgage knowledge on these key industry terms.

Private market mortgage insurance companies should better align their buyback and rescission policies with those of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency said.

Despite the additional risks, originating mortgages for landlords of single-family rentals could help lenders fill the gap of waning refinance volume.

Teresa Bryce Bazemore, the president of Radian Guaranty, will retire from the private mortgage insurer at the end of April.

The change of power in the White House will not affect Fannie Mae's focus for 2017 in bringing innovations similar to the Day 1 Certainty program to its customers, CEO Timothy Mayopoulos said in an interview.

NMI Holdings Inc. reported significantly higher profits during the fourth quarter, as a result of a reversal of the valuation allowance for the company's deferred tax asset.

Despite the implementation of the TILA-RESPA integrated disclosure rule, more than half of homebuyers continue to be surprised by closing costs, according to a report from ClosingCorp.

American International Group posted its fourth loss in six quarters, burned again by higher-than-expected claims costs as Chief Executive Officer Peter Hancock struggles to sustain profitability.

While Arch Capital had a slight increase in year-over-year net income to $64 million, the total was affected by $25 million of costs related to the purchase of United Guaranty.

Mortgage insurer Essent Group reported higher net income for the fourth quarter, as premium growth offset a modest uptick in expenses.

Radian Group appointed former CitiMortgage president Richard Thornberry as its new chief executive officer to succeed the retiring S.A. Ibrahim.

Genworth Financial's U.S. mortgage insurance business had adjusted operating income of $61 million in the fourth quarter, up over 50% from the same period in 2015, as its new insurance written grew by 42% year over year.