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In 1Q21, A Record $92.3 Billion for VA Refis

April 12, 2021
John Bancroft

Old-fashioned rate-term transactions still accounted for most of the VA refi market, at 89.1% in the first quarter...


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That’s a Wrap: Genworth Officially Nixes Merger, Partial IPO for MI Unit?

April 7, 2021
Maria Volkova

Almost two decades ago, General Electric spun off several of its insurance-related businesses (including mortgage insurance) into a new unit, creating Genworth.


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FHA/VA Refi Up in 1Q21, Purchase Activity Dives

April 7, 2021
John Bancroft

The culprit: a downturn in purchase-mortgage activity...


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Another Ginnie EBO Portfolio Hits the Auction Block

April 6, 2021
Paul Muolo

When it comes to Ginnie EBOs, sales are done both servicing-retained and servicing-released.


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HECM Production Down in 4Q but Otherwise Had a Banner Year

April 1, 2021
Maria Volkova

In 2020, American Advisors Group was the top reverse mortgage originator in the U.S., with $4.09 billion...


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Ginnie Mae MBS Issuance Finally Takes a Breather

March 15, 2021
John Bancroft

Fun fact: February has the fewest number of business days in the year and typically represents the low spot in seasonal housing activity. 


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PMIs Losing Sleep Over a Possible MIP Cut? Doesn’t Look That Way

February 28, 2021
Maria Volkova

Claudia Merkle, CEO of National MI, said FHA and MI businesses operate on different points of the risk spectrum and, therefore, a cut in MIP will not result in massive ramifications for the MI industry.


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The Final Tally for 2020: VA MI Volume Blows Past FHA

February 26, 2021
John Bancroft

The VA share of new primary MI business jumped from 25.2% in 2019 to 30.9% last year...


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Radian Reports Higher Earnings for 4Q20, Lower NIW

February 25, 2021
Paul Muolo

“The number of primary delinquent loans was 55,537 as of December 31, 2020, compared to 62,737 as of September 30, 2020 and 21,266 as of December 31, 2019,” Radian noted in its earnings report.


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Refi Train Carries FHA/VA Lending to a Stunning New Record

February 14, 2021
John Bancroft

The year just-ended brought two huge changes to the government-insured market. First, the VA established itself as the dominant program...


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