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One MIP Reduction That Gets a Thumbs Up: Green

June 30, 2022
Monica Hogan
There's been rampant speculation FHA will cut single-family MI premiums soon, possibly right before the mid-term election...
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Purchase Lending Bolsters Primary MI Volume in 1Q22

May 12, 2022
John Bancroft
Refi volume for private MIs plunged 33.9% on a quarterly basis to just $6.66 billion, or just 4.9% of NIW written.
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Private Mortgage Insurers Gain Share in Crumbling Agency Market

April 21, 2022
John Bancroft
The FHA saw a steep 21.1% decline in volume, while the VA posted an 18.4% decline from the fourth quarter...
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Refi Strength Aids FHA Share in 2021, Purchase Boosts PMIs

February 24, 2022
John Bancroft
New private MI business tumbled 13.0%, while government MI endorsements fell 10.5%.
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FHA Facing a Severe Talent Drain?

February 11, 2022
Monica Hogan
Dana Wade, a former FHA commissioner, said that like other employers, the federal government is experiencing issues from the Great Resignation, compounded by an aging workforce...
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Primary MI Market Follows 2021 Product Shifts

January 20, 2022
John Bancroft
Agency securitization of insured refi loans fell 15.3% last year, with the private MI sector taking a hard hit.
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Time to Cut the MIP? FHA’s Insurance Fund Ends FY21 with a Capital Ratio North of 8%

November 15, 2021
Monica Hogan
How long before the White House caves on a premium cut?
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Private MIs Gain Share in Slumping 3Q21 Market

November 11, 2021
John Bancroft
New primary MI on purchase-money mortgages was up from the second quarter. Private MIs reported a 4.2% increase to $134.22 billion...
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Slump in Agency Business Hit All Insurance Sectors

November 3, 2021
John Bancroft
The shift in loan purpose generally had the biggest impact on VA and uninsured volume.
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Nonbanks Worry About Ginnie's Pending Capital Proposal

October 29, 2021
Brandon Ivey
In August, Ginnie sought comments on the capital standards. While some of the changes would apply to all servicers, others would apply specifically to nonbanks, the dominant players in the agency’s MBS program.
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