The Golden State remained the largest source of insured agency business, accounting for 13.2% of the total market.

There was a huge push for FHA autonomy by former Commissioner Nicolas Retsinas during the Clinton years, but it went nowhere.

Late last week, Black Knight released its measurement: 2.83 million mortgages in COVID-related relief for the seven-day period ending Dec. 29. The FHA/VA (GNMA) reading increased by 11,000 units.

In general, most of the delinquent loan buying has been done by the megabanks and top-ranked direct-FHA funders like Quicken Loans and PennyMac...

Genworth said the mortgage insurer is “designed to meet its near-term liabilities of approximately $1.0 billion of debt due in 2021. An IPO of U.S. MI will be subject to market conditions as well as the satisfaction of various conditions and approvals.”

Although early-payment delinquency rates were up across the board, they remained significantly lower than six months ago.

David Rosenblum, a partner in the firm, said Prophet has “an appetite for billions more.”

Fannie suspended CRT issuance earlier this year when the FHFA proposed new capital requirements for the GSEs. Freddie, though, stayed in...

First elected to Congress in 2008, the African-American legislator began her public career in the Cuyahoga County Prosecutor’s Office in Ohio. She is not a member of the House Financial Services Committee...

The FHFA's capital requirements for the GSEs don't exactly favor CRT transactions but the Biden administration is expected to encourage the deals.