PMI

Genworth Mortgage Insurance Corp. plans to change its pricing structure for borrower-paid policies.

Freddie Mac has expanded the amount of ongoing loan-level data it discloses about mortgages it insures in an effort to boost appetite for reinsurance.

Radian Guaranty is filing a new rate structure, lowering its premiums for higher-quality borrowers and raising them for those with lower credit scores.

NMI Holdings should become profitable for the first time in the second half of 2016 as its insurance-in-force is expected to go over $21 billion.

Waterstone Mortgage Corp. has introduced a zero-down, 7/1 adjustable-rate mortgage with a 20-year amortization.

United Guaranty reported pretax operating income of $644 million for 2015 while its new insurance written increased by 21%.

Arch's mortgage insurance unit saw an increase of over 1,000% in fourth-quarter underwriting income due to a significant decline in losses and loss-adjustment expenses.

Genworth's U.S. mortgage insurance business earned $179 million in 2015, but the parent company lost $615 million as it still has problems with its long-term care insurance product.

Freddie Mac has taken out another reinsurance policy that transfers risk of default on mortgages it insures.

Lenders argue that the GSEs would be better off buying more loans that are already insured, rather than transferring credit risk after holding them for a time. But Freddie Mac's Kevin Palmer says certainty of reimbursement is more important than the timing of risk transfers.