Trending Thursday: Housing, mortgage finance getting a break from Washington?

Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance

It's official: NYDFS Superintendent Ben Lawsky stepping down

4 years as leader of “long reach” New York financial regulator
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Items Tagged with 'Mortgage insurance'

ARTICLES

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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Genworth's mortgage insurance outpaces rest of business

Cutbacks coming in other operations
Brena Swanson
Despite current struggles in Genworth Financial's long term care insurance business, which is marring any earnings that it could have, the company’s mortgage insurance business offers a slice of good news.
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Radian 4Q net income surges to $428.3M

Beat revenue expectations
Brena Swanson
Radian reported a strong fourth-quarter, with its net income soaring to $428.3 million, or $1.78 per diluted share, compared to a net income of $36.4 million, or $0.21 per diluted share, for the same quarter a year ago.
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