PMI

Genworth Financial is marketing its stake in Genworth MI Canada in a possible last-ditch effort to save the long-delayed proposed acquisition by China Oceanwide.

Investors shouldn't overreact to the first-quarter shift in private mortgage insurer market share, said the CEO of the company that benefited most from the change.

In a weak first quarter, housing activity held up better for first-time homebuyers than others, according to a new Genworth Mortgage Insurance report.

Private mortgage insurers can help to ease banks' compliance burden when it comes to the Current Expected Credit Loss accounting standard, an industry executive said.

One of the hardest financial parts of buying a new home is coming up with the initial down payment on the mortgage loan.

The documents and other information needed for a loan application.

MGIC Investment Corp. posted better-than-expected first-quarter earnings as expenses were lower than projected while net premiums came in higher.

The residential mortgages being reinsured are less risky, by several measures, than its previous deal; none of the borrowers have ever missed a payment.

B. Riley FBR initiated equity coverage on Fannie Mae as the chances for privatization of the government-sponsored enterprises improved in a housing finance reform package.

This time, investors required Radian to hold on to the first 2.5% of losses it covers on the pool; by comparison, the insurer’s previous deal, Eagle Re 2018-1, had a lower “attachment” point of 2.25%.