Overall, 7.25 million shares of Velocity will be offered to the public.

In case you’re keeping track, the Genworth-China Oceanwide deal has been delayed for the 13^th time…

Among other issues, a number of U.S. regulators and entities that had approved the transaction now need to re-approve the deal.

Mat Ishbia of UWM: “We feel great knowing more LOs [loan officers] and consumers are going through the broker channel…”

The deduction for mortgage insurance premiums and a tax break on forgiven mortgage debt had expired at the end of 2017 while funding for the National Flood Insurance Program was set to elapse on Dec. 20.

Mortgage insurer Radian recently modified the severance agreements it has with certain executives, boosting termination pay to 150% from 100%. Of course, this only applies if it’s a “qualifying termination event"...

Thornberry first joined Radian in February 2017. The MI ranks second in insurance-in-force and new insurance written...

FHFA Director Mark Calabria: "That might be fine for a normal company, but these are companies that are in conservatorship. They’re essentially in bankruptcy.” 

The number-one-ranked MI firm has a market share of 19.6%. The number-five-ranked shop is at 16.1%. Quite a foot race…

Based on third quarter figures compiled by Inside Mortgage Finance, FHA lending accounts for 10.17% of the overall first-lien origination market.