Acting Director Uejio: "For example, women- and minority-owned small businesses faced more severe economic consequences than their White counterparts, and Black and Hispanic homeowners were less likely to receive mortgage relief and forbearance.”
First-timer loans with private mortgage insurance slipped to 38.6% in the first quarter, down 9 basis points, while the share of FTHB loans with no MI was basically unchanged.
Overall, the average pre-tax production profit totaled 124 basis points in 1Q21 more than double the year ago reading of 61 bps. The 4Q20 measurement: 137 bps...
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