It was the group’s lowest MBS portfolio valuation since the fourth quarter of 2011.

The sharp increase in purchase-mortgage lending during 2Q helped float the private MI boat higher.

Some lenders, such as PennyMac, have promoted the no-downpayment feature in their media advertisements.

In the second quarter of 2015, 66.4 percent of loans sold to the GSEs had credit scores of 740 or higher.

Over the winter, the VA program had quietly become a much more significant factor in the government-insured market...

The last time Ginnie Mae was the top agency issuer was in January of 2009...

Conforming-jumbos accounted for almost 10 percent of GSE business on single-unit properties in the first half of this year...

At the midway point of 2015, the group’s $8.061 billion in year-to-date mortgage-banking income was up 15.1 percent from the first six months of 2014.

But only 33.0 percent of California mortgages had primary MI coverage, compared to 46.6 percent for the nation as a whole.

ARM MBS production by Fannie and Freddie in the first half of 2015 was down 20.1 percent from a year ago.