Items Tagged with 'Mortgage insurance'

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Here's why Radian's 1Q revenue beat expectations

New mortgage insurance written drops to $8.1B
It was a strong quarter for mortgage insurer Radian. The company beat revenue expectations and was in-line with earnings per share expectations. Here’s how the company fared along with their reason behind the positive quarter.
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[Video] How to navigate 3 mortgage industry changes

UWM CEO: One is a big win for independent lenders
As fast as the industry grows, so do the rules and technology it uses. CEO of United Wholesale Mortgage Mat Ishbia talks about what's happening right now and how one key change could be a big win for independent mortgage lenders.
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AIG plans to take mortgage insurer United Guaranty public

Activist investors are pushing for company split
Ceding to pressure from activist investors, American International Group plans to take its mortgage insurer, United Guaranty, public later this year. AIG cites several reasons why the United Guaranty is poised to succeed in the future, including the "improving fundamentals of the housing market," "favorable long-term demographic drivers," and "higher credit quality of new mortgage originations."
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Get used to the FHA mortgage insurance life-of-the-loan premium

Head of FHA 'not considering changes'
Despite recent calls to eliminate it, the Federal Housing Administration said it is not considering any changes to the mortgage insurance life-of-the-loan policy. However, the explicit rejection of a life-of-loan pricing policy change is a positive for the private mortgage insurance industry since the ability to cancel mortgage insurance has a direct impact on borrow decision-making.
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National MI, Capital Markets Cooperative announce partnership

National MI named 'preferred provider' for CMC
National Mortgage Insurance Corporation, a provider of private mortgage insurance, announced that it formed a “strategic partnership” with Capital Markets Cooperative, a nationwide alliance of mortgage bankers that provides exclusive offerings and value-added services to its members. As part of the partnership, National MI will be named a “preferred provider” of private mortgage insurance.
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Executive Conversation: Margaret Crowley on first-time homebuyers and Millennials

MGIC makes buying a home affordable with private mortgage insurance
By saving borrowers money, a low-down-payment loan with private MI allows them to build up more equity over time. Private MI can also be cancelled when the loan reaches 80% of the original property value, whereas FHA mortgage insurance remains for the life of the loan unless the borrower puts at least 10% down.
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From HW Magazine

2015 Trailblazers: Arch MI

Providing a competitive edge to attract Millennial borrowers
With its commitment to real innovation, including Arch MI RateStar and Arch Mortgage Guaranty Company, Arch MI has proven itself to be the partner that can transform and expand lending horizons.
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FHA reaches capital mandate and here's what's next

Industry, legislators weigh in on FHA’s performance and future
The Federal Housing Administration surprised some observers Monday when it announced that its Mutual Mortgage Insurance Fund grew significantly in fiscal 2015, reaching its Congressionally mandated threshold of 2% well ahead of the FHA’s own projections. But what's next for the FHA? Another premium cut? Changes to its programs? The industry weighs in.
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