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Despite the additional risks, originating mortgages for landlords of single-family rentals could help lenders fill the gap of waning refinance volume.
March 24 -
Teresa Bryce Bazemore, the president of Radian Guaranty, will retire from the private mortgage insurer at the end of April.
February 23 -
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.
February 17 -
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.
February 16 -
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.
February 16 -
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.
February 14 -
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.
February 13 -
Mortgage insurer Essent Group reported higher net income for the fourth quarter, as premium growth offset a modest uptick in expenses.
February 10 -
Radian Group appointed former CitiMortgage president Richard Thornberry as its new chief executive officer to succeed the retiring S.A. Ibrahim.
February 9 -
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.
February 8 -
Old Republic International's title insurance business had a 78% year-over-year increase in fourth-quarter net income, as net premiums earned were up by 13% and claims costs declined by 86%.
January 26 -
Radian Group reported fourth-quarter net income of $61.1 million, down 18% from $74.5 million for the same period in 2015.
January 26 -
The Dow Jones Industrial Average crossed the 20,000 threshold for the first time Wednesday, but the post-election stock market rally has produced a mixed bag for mortgage demand and the industry's publicly traded companies.
January 25 -
The Department of Housing and Urban Development announced Friday that the reduction in mortgage insurance premiums "has been suspended indefinitely."
January 20 -
MGIC Investment Corp. reported net income of $107.5 million for the fourth quarter, an increase of nearly 5% over the $102.4 million earned in the same period of 2015.
January 19 -
In a candid, in-depth exit interview, Ted Tozer discusses Ginnie Mae's growth during his seven years at the agency's helm, the need for comprehensive housing finance reform, big banks' retreat from mortgages, counterparty risk management and more.
January 18 -
The Federal Housing Administration program could see a $50 billion increase in single-family loan endorsements this year if a planned 25-basis-point annual premium cut goes into effect on Jan. 27.
January 13 -
Housing is not in a bubble even though home prices are unlikely to decline in the next two years, according to a new report from Arch MI.
January 11 -
The Federal Housing Administration is cutting its annual mortgage insurance premium by 25 basis points, lowering it to 60 basis points starting Jan. 27, the agency said Monday.
January 9 -
Now that it has completed the purchase of its rival private mortgage insurer United Guaranty from AIG, Arch Capital Group plans to trim the sales force while avoiding service disruptions.
January 4







