Private Mortgage Insurers Lose Ground to FHA/VA Market in 3Q November 10, 2023 John Bancroft Private mortgage insurers' share of primary mortgage insurance activity has dropped to its lowest level since early 2021.Read More
Primary MI Activity Down at GSEs, Up at FHA in 3Q October 20, 2023 John Bancroft GSE securitization of mortgages with private MI declined in the third quarter while FHA activity increased.Read More
PennyMac, UWM Lead on Primary MI Activity in 2Q August 16, 2023 John Bancroft PennyMac delivered $28.62 billion of mortgages with primary MI into agency MBS issued in the second quarter.Read More
Primary MI Securitization Volume Up in Second Quarter July 13, 2023 John Bancroft Primary mortgage insurance activity increased in the second quarter of 2023 after seven consecutive quarterly declines.Read More
Short Takes: Affordability Strains / Limited Inventory / REIT Consolidation / Enact Sharing MI Risk July 6, 2023 Brandon Ivey Average loan sizes on mortgage applications are shrinking.Read More
Short Takes: State Farm Exits California / MSR Deals From Phoenix / MISMO Reference Model / FHFA Joins Disaster Mitigation Group June 1, 2023 Sam Manas and Paul Muolo State Farm has a 20% share of the homeowners market in the Golden State...Read More
Sharp Differences in FHA, Private MI Business May 23, 2023 Monica Hogan There's some competition between FHA and private mortgage insurance companies, though much of their business is focused on different sets of borrowers.Read More
Private Mortgage Insurers Gain Market Share in 1Q23 May 15, 2023 John Bancroft Government MI volume slid 19.0% to an estimated $71.38 billion.Read More
Mortgage Insurance Activity Declines in First Quarter April 25, 2023 John Bancroft Loans with MI represented 63.8% of total mortgage-backed securities issued by Fannie, Freddie and Ginnie in the first quarter.Read More
A Slight Increase in Share for Private MIs in First Quarter April 20, 2023 Namrata Bhatia The private MI share of purchase mortgages with primary mortgage insurance hit 48.4% in the first quarter of 2023.Read More