Midterm election results will likely push any housing-finance reform legislation further away, slow deregulatory efforts by Trump appointees, and dash any chances of another regulatory relief bill, according to analyses of the results.
Although Impac Mortgage Holdings lost $142.8 million over the past two quarters, company management continues to be bullish on its future, laying the groundwork for a further expansion into the non-qualified loan market.
Private mortgage insurers expanded their combined footprint in the primary MI market during the third quarter mostly because of a sharp downturn in VA home loan guaranty activity. [Includes two data charts.]
Arch Mortgage Insurance led the pack in terms of new insurance written in 3Q18 with $21.43 billion, followed by Radian Guaranty ($15.78 billion), and MGIC ($14.57 billion).