PMI

Homeowners continue to give their properties a higher valuation than appraisers would, according to Quicken Loans.

ValueInsured Inc. has introduced a product that provides insurance coverage for consumers' down payments on a home purchase.

NMI Holdings Inc. president Jay Sherwood will step aside and become the company's vice chairman for the remainder of his employment agreement, the company said in an 8-K filing.

The Asian Real Estate Association of America has launched a two-year partnership with Radian Group's mortgage insurance unit.

The half a percentage point reduction in the Federal Housing Administration mortgage insurance premium provided a bigger pop to the housing market than expected, according to Mark Zandi, chief economist at Moody's Analytics.

Heartland Financial USA has hired Insuritas to help it expand its insurance business.

Blackstone Group LP acquired a "significant equity stake" in mortgage insurer PMI Group Inc.

The Federal Housing Administration is re-issuing a loan certification proposal that has sparked industry concerns that it will make it easier for the Justice Department to sue lenders when they file claims for agency-insured loans that go into default.

Mortgage securitizer Ginnie Mae could get hit if a proposed deadline for filing claims on FHA-insured loans goes into effect.

Parkside Lending has introduced jumbo mortgages for properties with loan-to-value ratios as high as 95% and without mortgage insurance.

There's nothing like a natural disaster to make people realize how important insurance is to the banking industry.

Essent Guaranty did $7.23 billion of new insurance written in the second quarter, the second highest volume in the company's brief existence.

United Guaranty Corp., the private mortgage insurance subsidiary of American International Group, has obtained reinsurance coverage on approximately $299 million of the book of business it wrote between 2009 and the first quarter of 2013.

NMI Holdings Inc., the parent company of National Mortgage Insurance, lost $10.4 million in the second quarter, compared with a $12.9 million loss one year prior.

United Guaranty Corp.'s second-quarter pretax operating income fell 25% from a year ago due to a less favorable adjustment to its loan loss reserves.

The government-sponsored enterprises are buying conforming mortgages with as little as 3% down, but the new policy can't improve the housing market by itself.

Old Republic International Corp. doubled its title insurance revenue during the second quarter, while First American Corp.'s commercial title business was a significant driver of growth.

Radian's note repurchase and issuance of new debt have helped increase the liquidity and capital strength of its mortgage insurance business.

Genworth Financial Inc. is in exclusive talks to sell a European unit to France's Axa SA as Chief Executive Officer Tom McInerney works to fill a capital gap at its private mortgage insurance subsidiary.

MGIC has discounted single-premium lender-paid mortgage insurance by 11% during the second quarter in order to get market share in this highly competitive product.