Move lawsuit against Zillow clears contempt hurdle with settlement

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Twitter roundup of this week's top housing articles

CFPB heads up the list

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
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Items Tagged with 'Mortgage insurance'

ARTICLES

MKM Partners recommends stock buys on these two mortgage insurers

Sees strong fundamentals for investors in MGIC, Radian
Trey Garrison
MKM Partners sees potential -- strong potential -- for investors in mortgage insurers, owing to where they see the housing industry going. Here's what they're saying.
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Genworth's mortgage insurance outpaces rest of business

Cutbacks coming in other operations
Brena Swanson
Despite current struggles in Genworth Financial's long term care insurance business, which is marring any earnings that it could have, the company’s mortgage insurance business offers a slice of good news.
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Radian 4Q net income surges to $428.3M

Beat revenue expectations
Brena Swanson
Radian reported a strong fourth-quarter, with its net income soaring to $428.3 million, or $1.78 per diluted share, compared to a net income of $36.4 million, or $0.21 per diluted share, for the same quarter a year ago.
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HUD's Castro grilled on FHA premiums, capital strength

Hensarling: "You are in violation of the law"
Brena Swanson
The Committee on Financial Services grilled the Secretary for the U.S. Department of Housing and Urban Development Julian Castro Wednesday morning to unveil the status of the housing regulator. And while there were members that supported the work, it quickly turned into a heated interrogation on the potential threat and impact to the America taxpayer.
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MGIC writes $2.9B in primary new insurance

Delinquencies slightly increase in January
Brena Swanson
MGIC Investment Corporation wrote $2.9 billion in primary new insurance in January, with its delinquencies marginally increasing compared to the start of the month.
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Arch MI launches new mortgage insurance company

Given financial strength rating of ‘A3’
Brena Swanson
Arch MI announced it is opening a new mortgage insurance company right as the market starts to increase focus in that area due to new regulations. The new company, AMG, is a mortgage insurance company specifically created for mortgage loans that originators intend to retain in their portfolios or include in private securitizations and is not subject to GSE requirements.
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MGIC 4Q net income soars to $74.4M after a net loss last year

Beats on revenue and EPS
Brena Swanson
MGIC’s earnings reversed course after last year’s net loss, reporting fourth-quarter net income of $74.4 million, compared with a net loss of $1.4 million for the same quarter a year ago.
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Lower FHA Fees: The right policy at the right time

Could bring homeownership to 2 million renters
Chris Polychron
Realtors support responsible lending to qualified buyers; this is essential for building strong communities. This mortgage insurance reduction is not about repeating the mistakes of the past, in which underqualified buyers received loans they could never repay.
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FHA insurance reduction will boost housing, maybe

Is it truly a major step?
Lynn Effinger
While many think that the reduction will help millions of families save billions of dollars in mortgage payments, not everyone does. And in fact, the dent might be rather small.
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It’s official: Obama to direct FHA to cut mortgage insurance premiums

Congressional pushback imminent
Trey Garrison
It's official now, the White House confirms to HousingWire it is going to direct the FHA to cut premiums by 0.5%. Here are the details, and what's next.
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