The share of mortgages with primary MI increased by 2.1% in the first quarter, based on agency MBS issuance.

New originations of loans with primary mortgage coverage fell off in the fourth quarter, with private mortgage insurers getting squeezed the most.

FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.

loanDepot won't assess late fees for its servicing customers for January payments until after the end of the month.

The primary MI share in the agency market rose from 50.4% in 2022 to 62.9% in 2023.

Marcia Fudge, secretary of the Department of Housing and Urban Development, appeared Thursday before the House Financial Services Committee.

United Wholesale Mortgage ranked as the top producer of purchase mortgages in the first nine months of 2023 with $73.17 billion.

Fitch adjusted its outlook for the mortgage insurance industry from “deteriorating” to “neutral.”

Seeing plenty of room in FHA's capital ratio, lender trade groups are calling for an end to FHA's requirement of MI for the life of the mortgage.

“We have shown it is possible to meet the mission while also being fiscally prudent and being a good steward of taxpayer funds,” said FHA Commissioner Julia Gordon.