Senate approves short sale tax break

Senate approves short sale tax break

Allows tax relief on 2014 short sales

Senate fails to pass Terrorism Risk Insurance Act

Housing groups "extremely disappointed" in "alarming failure"

Another regulator investigates Ocwen Financial

Ocwen’s terrible, horrible, no good, very bad year just got worse
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Items Tagged with 'Mortgage insurance'

ARTICLES

Barclays: New Fannie, Freddie mortgages will take business from FHA

Low-down payment loans getting competitive
Jacob Gaffney
To be sure, these are two different business models: Fannie and Freddie securitize mortgages while the FHA insures them. The low down payment will require private mortgage insurance, but that isn't the only way it could take business from the FHA.
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Big claim: Private mortgage insurance saves homeowners up to $12,000

WalletHub highlights stark differences in FHA, private MI
Trey Garrison
With new lending guidelines out from the GSEs, the stark differences between FHA and private mortgage insurance is all the more evident. Here's how much it costs.
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FHA mortgage insurance premiums won’t be going down in 2015

Good news for private mortgage insurance
Trey Garrison
Despite the Federal Housing Administration showing improvement in its financial house, it’s unlikely FHA mortgage insurance premiums will be going down in 2015.
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FHA actuarial report is a Rorschach test for Washington players

Proof of structural failure or proof it’s all hunky-dory?
Trey Garrison
The Federal Housing Administration released Monday its actuarial report on the Mutual Mortgage Insurance Fund for single-family programs, and a lot of very divergent voices have equally divergent opinions on what it means.
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Mortgage insurance back in black in latest FHA actuarial report

Aggressive post-crisis policies improve MMI outlook
Trey Garrison
The Federal Housing Administration released Monday its actuarial report on the Mutual Mortgage Insurance Fund for single-family programs, and it shows the financial health of the regulating agency improved dramatically but that it still has a way to go with its finances.
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MGIC writes $3.3B in primary new insurance

Ends October with fewer delinquencies
Brena Swanson
MGIC Investment Corporation wrote $3.3 billion primary new insurance in October, following a strong third-quarter 2014 earnings report.
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Radian Group posts net income of $154M in 3Q2014

Gains come from change in fair value of derivatives
Trey Garrison
Radian Group reported net income for the quarter ended September 30, 2014, of $153.6 million, or $0.67 per diluted share.
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MGIC posts 3Q net income of $72M on $235M revenue

Not concerned about GSE insurance changes in works
Trey Garrison
MGIC Investment Corporation posted net income of $72 million for the quarter ended Sept. 30, compared with net income of $12.1 million for the same quarter a year ago.
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HousingWire reveals the 50 fastest-growing companies in housing economy

Inaugural 2014 HW Fast50 ranks companies on revenue growth
Sarah Wheeler

Topping this year's list is a publicly traded single-family rental specialist that saw revenue grow nearly 3,000% during 2013. But that's not the only surprise.


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Will bankers get easier mortgage insurance rules?

Plans could make borrowing less affordable
Brena Swanson
The Federal Housing Finance Agency’s request for public comment closed on Monday. But before it could, banks along with MGIC cautioned that the plan would make borrowing less affordable for homebuyers unless it is revised.
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