Lawsuit alleges former LandCastle Title CEO embezzled $30 million

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

Fidelity National bails out Landcastle Title

Discovered “substantial account misappropriations”
W S
Lending / The Ticker

Mortgage insurers prep for FHA premium increases

/ Print / Reprints /
| Share More
/ Text Size+

Starting April 1, the Federal Housing Administration will increase its mortgage insurance premiums for the third time in two years.

Genworth Financial (GNW) estimates the change will raise required mortgage premiums by approximately $130 a month.

And private mortgage insurers are strategically positioning themselves for the changes, offering lower downpayments and monthly payments.

Additionally, the FHA will no longer cancel mortgage insurance premiums on 30-year loans with loan-to-value ratios above 90%. Mortgage insurance premiums on these loans will now be due for the life of the loan.

 

Recent Articles by HousingWire Staff

Comments powered by Disqus