While the mortgage insurance industry patiently waits to see if the FHA will cut government MI premiums further this year, the sector is facing another potential threat to profitability: pricing concessions from the nation’s second largest retail originator, Quicken Loans. Moreover, Quicken – also the largest nonbank lender in the U.S. – is promising to pass on 100 percent of the cost savings to its customers, at least that’s what a company spokesman told Inside Mortgage Finance this week. “We take...

At year-end, Arch MI had $6.83 billion of risk-in-force...

Most of the decline came among the largest banks, with many regionals turning in stronger results in the fourth quarter…

In the fourth quarter, IMA sold $30 billion of mortgage servicing rights for its clients...

In general, the OCC doesn't like the idea of banks funding loans with LTV ratios above 90 percent unless the mortgage has appropriate credit support...

Redwood noted that although it is quitting commercial mortgage production, it will continue to “opportunistically invest in mezzanine and subordinate CMBS tranches that meet our risk/return profile.”

Now, for the obvious question: With greater profits coming, will HUD allow FHA to cut premiums?

Falling rates are great for the mortgage industry, right? Yes and no...

MBS issuance rebounded in December, with Fannie/Freddie production rising 17.7 percent. In other words, had TRID not caused a December bump in GSE business, January could have looked better than it did.

For now, the CFPB isn't talking about the matter...