Only “Number Jesters” report 2Q economic growth at 4% pace

4 factors weighing down housing in the second half of 2014

Will housing collapse?

Altos: Critics wrong about housing, it’s going to soar

2015 will see notable price appreciation

Items Tagged with 'MICA'


MICA: Mortgage insurers write $8.7B in new MI business

December 3, 2013
Mortgage insurers continue writing new business, with members of the Mortgage Insurance Companies of America reporting $8.71 billion in new primary mortgage insurance volume for the month of October.
Read More

Private mortgage insurers see $12B in new business

June 28, 2013
Private mortgage insurers associated with the Mortgage Insurance Companies of America (MICA) wrote $12 billion in new mortgage insurance last month.MICA members – Genworth Mortgage Insurance, Mortgage...
Read More

Insured Defaults up 10%

June 1, 2009
[Update 1: includes clarification of Radian's influence on year-on-year figures] Defaults on privately insured US mortgages are up nearly 10% percent from one year ago. However, defaults fell more than 3% in April from March, by way of comparison. It marked the third consecutive month of decline in primary insurance defaults, since the 106,482 defaults seen in January. After falling more than 6% in March from February, primary insurance defaults slipped to 81,171 in April, according to data released Friday by the Mortgage Insurance Companies of America (MICA).
Read More

Insured Mortgage Defaults Up 47 Percent: Report

March 31, 2009
Defaults on privately insured U.S. mortgages fell nearly 16 percent in February from the month before, but were up 47 percent from one year ago -- and figuring out what that really means is next to impossible, given the data.
Read More

Mortgage Insurers See Defaults Increase in July

August 29, 2008
UPDATE 1: Added in clarification of April's reporting change, invalidity of annual growth comparison
Read More

Mortgage Insurers See Applications Fall in June

August 1, 2008
A combination of tighter underwriting guidelines and weakening borrower demand helped push the number of applications for mortgage insurance received by members of the Mortgage Insurance Companies of America, an industry trade group, to their lowest level on record in June. Insurers received just 90,896 applications during the month, less than half of year-ago totals, and roughly 17 percent below the number of applications received in May, according to a press statement.
Read More

Insured Defaults Surge, Thanks to Reporting Quirk

May 30, 2008
One large unidentified lender changed how it reports defaulted mortgages during April, pushing the number of primary insurance defaults to a record high for the month and underscoring the somewhat fragile nature of reporting on borrower defaults.
Read More

Insured Defaults Up 37 Percent in March

May 2, 2008
Borrowers with mortgage insurance fell more than 60 days behind on their mortgage payments at an increased pace in March, with the number of primary insurance defaults up 37 percent last month relative to year-ago numbers. The Mortgage Insurance Companies of America, a trade group comprised of most of the major private mortgage insurers, said earlier this week that 58,131 defaults were recorded in March, up from 42,362 one year earlier.
Read More