For all of 2015 Radian predicts that it will pay $700 million in net claims, but next year that figure could fall to as low as $400 million.

Over the past five quarters, Flagstar has unloaded $25.2 billion of residential servicing rights.

However, in a final note on the companies, FBR analyst Paul Miller called PMMIT an “outperform,” while giving it a price target of $20…

The megabanks – Wells Fargo, JPMorgan Chase, Bank of America and U.S. Bank – ranked first through fourth, respectively, with a combined agency market share of 40.3 percent at Sept. 30.

During his career, Chris Nard also headed ORI’s mortgage insurance division, Republic Mortgage Insurance.

Phoenix Capital is out with a new “flow” servicing offering where the seller will deliver $40 million to $50 million per month in Fannie Mae and Freddie Mac product.

In other GSE news, the Senate version of legislation to cap CEO salaries at Fannie and Freddie is moving along and a vote could happen this week…

On a year-to-date basis, new ABS production was down 4.5 percent from the first nine months of 2014.

Firms looking to take over those branches from Stonegate include Skyline Home Loans and Prospect Mortgage...

A new study published by the National Bureau of Economic Research suggests that strategic defaults on mortgages are much less common than previously believed. The researchers with the Federal Reserve and two universities suggest that their findings have significant implications for servicers’ loss-mitigation techniques. The researchers used expansive data from the University of Michigan’s Panel Study of Income Dynamics survey from 2009 through 2011 ...