Items Tagged with 'Mortgage insurance'

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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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FHA business explodes: Reaches capital mandate for first time since 2008

Actuarial report shows MMI Fund at 2.07%, up from 0.41% in 2014
Flying directly in the face of speculation that the 50 basis point-cut of the Federal Housing Administration’s annual mortgage insurance premiums would negatively effect the health of the FHA’s Mutual Mortgage Insurance Fund, the FHA announced Monday that the MMI Fund actually grew significantly in fiscal 2015, reaching its Congressionally mandated threshold of 2% well ahead of schedule.
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MGIC: Primary new mortgage insurance falls to $3.5B

Continues downward trend
Once again, primary new mortgage insurance dropped for the month and declined to $3.5 billion. This is compared to last month, which posted $3.9 billion in primary new mortgage insurance, and August, which posted $4 billion in primary new mortgage insurance.
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Radian earns $70 million in third quarter

Mortgage insurance business steady
Mortgage insurance at the company remains steady. New mortgage insurance written was $11.2 billion for the quarter, compared to $11.8 billion in the second quarter of 2015 and $11.2 billion in the prior-year quarter.
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