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November 15, 2018

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Private MIs Gobble Up More Market Share in 3Q18 Despite Growth in FHA Sector

Arch Mortgage Insurance led the pack in terms of new insurance written in 3Q18 with $21.43 billion, followed by Radian Guaranty ($15.78 billion), and MGIC ($14.57 billion). Read More

More Red Ink for Ditech in 3Q and Another Potential Trip into Bankruptcy

Ditech said the company is in talks with “certain” corporate debt holders regarding another possible "court supervised" Chapter 11 process... Read More

JPM Packages Jumbos with Relatively High LTV Ratios in Unique MBS

Moody’s Investors Service said 47.0 percent of the dollar volume of the loans in the MBS were underwritten by United Shore… Read More

Very Good News: MMIF Capital Ratio Improves to 2.76 Percent. As for a Cut in Premiums…

The fund's value has improved, but FHA premiums will not be cut... Read More

Short Takes: Who is Andrew Olmem and Why Does He Matter? (GSE Reform) / A Production Gain for Ditech / Citywide Home Loans Signs Partnership Deal with Stearns / Caliber Readies Nonprime MBS

If you haven’t heard of Andrew Olmem before, it’s because he tends to keep a low profile. Read More

After Cutting 400 Mortgage Workers in June, Wells Fargo Plans to Cut 900 More

The megabank currently employs 27,000 mortgage-related workers or what it calls “team members.” Read More

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