Who is Nat Hardwick?

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling

Fannie Mae: Lenders ask these 4 questions about MSRs

All about transfer and execution
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Lending / The Ticker

Private mortgage insurers stage a comeback

Activity fueled by lower mortgage delinquencies

pile of paper

According to CNBC, private mortgage insurers (MI) have emerged from the deep abyss they fell into during the financial crisis, with six key MI firms writing nearly $49 billion in new business in the second quarter, up 27% from the first quarter. CNBC highlighted a few other successes within the firms' portfolios:

"Delinquencies are down, and the companies have recapitalized," said Bose George, an analyst at Keefe Bruyette & Woods. "At the same time, FHA is reducing its role in the market, so this has given them significant growth opportunities. ... The companies have reversed their position and are starting to show modest profitability."

Source: CNBC
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