FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Good news: Radian reports drop in delinquent mortgages

Bad news: Fewer mortgages to insure in the first place

Rental homes
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The mortgage insurance business is continuing to improve for Radian Guaranty (RDN), in that fewer loans are delinquent.

The bad news is there are fewer new mortgages to insure as the purchase mortgage origination business continues to lag. And it will likely keep getting worse as long as this keeps up.

The nation's largest private mortgage insurer reports only 3,913 delinquencies, compared to 4,650 delinquencies from late last year.

But business as a whole is shrinking.

The company reports only $1.9 billion in new insurance, compared to $2.85 billion from past reports.

The delinquent inventory is currently at 58,782 loans, where it was previously 60,909.

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