Mortgage

Mortgage insurance activity picks up in April

The month of April brought in a slew of new mortgage insurance applications, National Mortgage News reports. 

During the month, 49,018 applications for coverage were filed, topping March’s 43,278 estimate.

The three members of the trade group—Genworth, MGIC and Radian—had NIW volume of $11.36 billion in April, compared with $10.04 billion in March, $11.46 billion in October 2012 and $7.1 billion in April 2012.

 

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