American International Group early this week announced an agreement to sell its mortgage insurance subsidiary, United Guaranty Corp., to Arch Capital Group for $3.4 billion in cash and securities as part of AIG’s plan to become a leaner, more profitable insurer. As of the midway point in 2016, UG was the top private MI in traditional new insurance written, with an 18.8 percent share of the market. Arch MI ranked as the smallest of the seven active firms, with an ...

UWM’s Mat Ishbia said competition among wholesale table-funders is a good thing…

Initially, loanDepot planned to register 35 million shares of common at a target price of $16 to $18 a unit, which gave it a maximum valuation of $630 million.

The IG suggested that state HFA downpayment assistance programs are no different than the seller-funded DPA arrangements that led to huge losses for the FHA…

Joe Garrett added: “…if you keep mediocre producers around, it sends a message that you tolerate mediocrity…”

Second-ranked Chase Home Finance serviced $176.60 billion of jumbos at June 30, up 4.1 percent compared to 1Q16…

For now, Caliber isn’t commenting on PHH and the latter isn’t discussing anything to do with a sale of its assets.

Compared to the second quarter of last year, revenues at Walter declined an ugly 54.6 percent to $187.5 million. In other words, Renzi has a lot to turn around…

Impac president Bill Ashmore said that at the end of 2Q, the lender had a $115.0 million pipeline of non-QM originations, about level compared to the pipeline the lender had at the end of the previous quarter.

Keep in mind there are just seven MI firms writing new policies today so there are antitrust implications regarding two large players merging...