Items Tagged with 'Mortgage insurance'

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MGIC delinquencies down by more than 20%

What housing bubble?
While consumers are feeling less optimistic about the economy, and even fear a rising housing bubble, MGIC released data for August that shows delinquencies are actually decreasing. In fact, not only are they decreasing, but at significantly high rates compared to last year.
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Is the FHA about to cut mortgage insurance premiums again?

Compass Point analysts set odds of additional cut at 60%
The effect of last year's FHA premium cut was widespread and significant, as the FHA’s mortgage insurance business exploded in 2015. But is the FHA about to do it again? That’s the scuttlebutt around Washington, according to analysts from Compass Point Research & Trading, and the noise surrounding another cut is apparently getting louder.
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Groundbreaker: AIG insures crisis-era United Guaranty mortgage insurance policies

Risk-transfer deals just jumped to a whole other level
By its own admission, American International Group is set to break ground in the risk-transfer space. The company announced Monday that it obtained an insurance policy designed to cover any losses the company might suffer on a series of crisis-era mortgages that are currently insured by its mortgage insurance subsidiary, United Guaranty.
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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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