Alarming details charged in the collapse of Butler & Hosch

Alarming details charged in the collapse of Butler & Hosch

Lawsuits allege phony billings, bogus invoices and millions in fake accounts receivables

Digital Risk: These 10 charts fully explain Millennials and home buying

70% will want a mortgage within 5 years

EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

Butler & Hosch sale, Dustin Johnson lawsuit severely impacted firm
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Items Tagged with 'Mortgage insurance'

ARTICLES

MGIC: Primary new insurance rises in May

Ends with fewer delinquencies on file
Brena Swanson
MGIC Investment Corp. reported a slight increase in primary new insurance for May 2015, writing $3.7 billion for the month.
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CFPB Director: PHH Corp. took kickbacks for mortgage insurance referrals

Requires firm to pay $109M to the CFPB
Trey Garrison
The director’s decision concludes that PHH Corp., a mortgage lender, illegally referred consumers to mortgage insurers in exchange for kickbacks. Here's what happened.
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MGIC reports fewer delinquencies on file in April

Writes $3.6 billion in primary new insurance
Brena Swanson
MGIC Investment Corp. continues to improve its primary delinquent inventory and ended the month with almost 3,000 less on file.
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From HW Magazine

Hot Seat: David Gansberg of Arch MI

Private mortgage insurance companies make a comeback
"Lenders definitely appreciate having greater flexibility to expand their scope in a highly competitive environment, so we expect activity in all loan product segments."
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Radian 1Q earnings boosted by stronger mortgage credit trends

Beats earnings estimates
Brena Swanson
Although Radian’s first-quarter net income dropped to $91.7 million, from $146.0 million a year ago, the mortgage insurance company’s CEO says the company has finally turned a corner.
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Radian now offering an industry first – job loss insurance

New program will pay borrowers’ mortgage if they lose their job
Ben Lane
Radian Guaranty is offering a new program that’s the first of its kind in the industry – job loss insurance. The new program, called Radian MortgageAssure, will pay a borrower’s mortgage if they suffer an involuntary job loss and fall behind on their mortgage payments. And it comes at no cost to the borrower.
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Fannie Mae: Lenders expect boost from GSE 97% LTV products

Plus additional benefit from FHA mortgage premium insurance cut
Trey Garrison
The latest lender sentiment survey from Fannie Mae shows that mortgage lenders expect they will get a boost in business from changes at the GSEs and at FHA. Here’s what they think.
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MGIC beats 1Q estimates with $133.1M profit

Company doubles net insurance written compared to 1Q14
Trey Garrison
MGIC Investment Corp. today reported net income for the quarter that beat analyst expectations, with a big gain in net insurance written in the first quarter. Here's where they took off.
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MGIC writes $3.6B in primary new mortgage insurance

Mortgage delinquencies slightly drop in March
Brena Swanson
MGIC Investment Corporation wrote $3.6 billion in primary new insurance in March, ending the month with 72,236 delinquencies on file compared to 75,471 at the start.
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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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