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Volume 2014 - Number 38

October 9, 2014

Downloads Available: Trends in GSE MI-Insured Business - 3Q14

Downloads Available: Top Sellers of GSE Loans with Private MI - 3Q14


Private MI Volume Rides Summer Surge in GSE Business, Penetrates Deeper in Purchase Market

Mortgage lenders delivered $47.82 billion of single-family home loans with private mortgage insurance coverage to Fannie Mae and Freddie Mac during the third quarter of 2014, according to a new ranking and analysis by Inside Mortgage Finance. That was up 29.9 percent from the second quarter of this year as the private MIs piggybacked on the surge in purchase-money mortgages securitized by the two government-sponsored enterprises. Private MI coverage was provided on 39.2 percent of purchase loans sold to the GSEs during the third quarter, and the industry has seen its penetration rate of the sector climb steadily. Back in the first quarter of 2013, only 31.3 percent of Fannie/Freddie purchase mortgages had...[Includes two data charts]

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