The once-moribund private mortgage insurance industry is increasing market share and raising cash as it presses its advantage in lobbying Congress to consider changes that would reduce the role of the Federal Housing Administration, its dominant government rival.
FHA steps back, mortgage insurers flourish
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Loan buybacks haven’t disappeared, but they are trending down
The loan repurchase trend that began to sting many mortgage originators in 2022 appears to finally be winding down.
