Radian Guaranty became the first among seven private mortgage insurers to declare compliance with the regulatory capital standards under the Private Mortgage Insurer Eligibility Requirements (PMIERs), while other MIs expressed confidence they will meet those same requirements. Radian met its PMIERs goals after receiving $325 million in cash and marketable securities from its parent Radian Group in exchange for a surplus note. In addition, the parent firm contributed $50 million to an exclusive affiliated reinsurer of Radian Guaranty. Radian Group expects...

Chase’s nine-month USDA volume translated into a 31.0 percent market share.

Depending on the product, loan amounts can range from $100,000 to $250,000...

This CEO called the letter a "godsend."

The receivables are dominated by Texas collateral at almost 62 percent.

The OCC said the mortgage-related fine against Chase was due to the servicer’s actions from December 2011 through November 2013...

Introduced in Sept. 2015, fundings of loanDepot home equity loan products have nearly doubled every month since launch...

PHH Mortgage remained the predominant IO lender with $3.43 billion during 3Q15, but the firm’s volume fell 16.9 percent on a sequential basis.

Overall, Ginnie securitization of FHA and VA purchase loans increased by 37.7 percent and 37.9 percent, respectively, during the third quarter, according to Inside Mortgage Finance’s database.

The Two Harbor deal ends a span of 31 days without a presale report for a new non-agency security.