Private mortgage insurers' share of primary mortgage insurance activity has dropped to its lowest level since early 2021.

GSE securitization of mortgages with private MI declined in the third quarter while FHA activity increased.

PennyMac delivered $28.62 billion of mortgages with primary MI into agency MBS issued in the second quarter.

Primary mortgage insurance activity increased in the second quarter of 2023 after seven consecutive quarterly declines.

Average loan sizes on mortgage applications are shrinking.

State Farm has a 20% share of the homeowners market in the Golden State...

There's some competition between FHA and private mortgage insurance companies, though much of their business is focused on different sets of borrowers.

Government MI volume slid 19.0% to an estimated $71.38 billion.

Loans with MI represented 63.8% of total mortgage-backed securities issued by Fannie, Freddie and Ginnie in the first quarter.

The private MI share of purchase mortgages with primary mortgage insurance hit 48.4% in the first quarter of 2023.