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Short Takes: UWM Increases Size of Debt Offering / Neutral Outlook for Private MIs / Fitch Upgrades Freedom’s Servicer Rating / Buydowns Prevalent at Homebuilder / Blue Owl Capital Buying HEIs

December 6, 2024
Brandon Ivey
UWM's debt offering priced with an interest rate of 6.625%.
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HUD Reviewing Potential for FHA Pricing Adjustments

November 20, 2024
Monica Hogan
FHA Commissioner Julia Gordon suggested any cut in the mortgage insurance premium would likely wait for the next administration.
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Primary MI Share Shifts Toward Government in 3Q

November 15, 2024
John Bancroft
Government mortgage insurance programs captured most of the primary MI gain in the third quarter.
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Big Swings Likely in Federal Housing Policy Under Trump

November 6, 2024
Brandon Ivey
A business-friendly CFPB, higher insurance premiums for FHA borrowers and an exit from conservatorship for the GSEs are all possibilities.
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Primary MI Volume Increases in Third Quarter

October 18, 2024
Brandon Ivey
The increase in the use of primary MI during the third quarter was sharpest in refinances.
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Mortgage Activity With MI Increases in Third Quarter

October 10, 2024
Namrata Bhatia
Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.
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GSEs Update PMIERs, Private MIs Ready for Changes

August 22, 2024
Dennis Hollier
PMIs say the tougher available assets standards won't impact their eligibility as approved insurers.
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Short Takes: New Mortgage Reinsurer / Rocket Consistent With CES Securitizations / DSCR Loans in Non-Agency MBS / Growing Through Selling Servicing

August 13, 2024
Brandon Ivey
Skyward Specialty Insurance Group launched a mortgage reinsurance business.
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Private MI Companies Gain Share in Second Quarter

August 9, 2024
John Bancroft
Radian Guaranty ranked first among private MIs in new insurance written, posting a 20.5% increase to $13.89 billion in the second quarter.
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FHA Share in Purchase-Mortgage Market Declines

July 31, 2024
Brandon Ivey
GSE purchase-mortgage volume — both with private mortgage insurance and without private MI — increased at a faster pace in the second quarter of 2024 than FHA purchase-mortgage business.
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