Urban Institute researchers say the mortgage industry will experience slightly better capital treatment as a result of the changes to the Basel III Endgame, but they recommend some improvements.

Radian’s strategy to maximize value from its policies has led it to focus on lower-income first-time homebuyers and balance the higher risk with strong fundamentals like promising home price appreciation.

In the agency MBS market, refi volume with primary MI was up sharply at both the government-sponsored enterprises and the Department of Veterans Affairs, while FHA volume lagged to some extent.

The bill would stop FHA from collecting mortgage insurance premiums once a borrower’s loan-to-value ratio declines to 78%.

The Senate Finance Committee’s draft of the 2026 discretionary spending budget would make the PMI tax deduction permanent.

In states with the highest volume of primary MI, purchase-mortgage activity was more weighted toward government-insured programs.

Although high interest rates have cut into GSE acquisitions, depriving PMIs of new business, they have also prevented homeowners from selling, allowing insurers to hold on to the business they have.

Even though their businesses depend on Fannie and Freddie, private mortgage insurance providers don’t seem worried about the Trump administration’s efforts to release the GSEs from conservatorship.

Insured purchase-mortgage volume in agency MBS fell 9% in the fourth quarter.

In addition to a monetary fine, the CFPB has put compensation limits on Fay Servicing’s CEO if the compliance requirements are not met.