February 28, 2021By Maria VolkovaPMIs Losing Slip Over a Possible MIP Cut? Doesn’t Look That WayClaudia Merkle, CEO of National MI, said FHA and MI businesses operate on different points of the risk spectrum and, therefore, a cut in MIP will not result in massive ramifications for the MI industry.
February 28, 2021By Paul MuoloHolding Steady: Debt Issuance by Mortgage CompaniesNot only was PennyMac Financial able to up the deal size from $500 million, but its cost to borrow came in at 4.25% per year.
February 28, 2021By John BancroftThe Mortgage Train Keeps Rolling: Refis Push Ginnie to New Monthly Record in JanuaryRefinances accounted for 55.4% of Ginnie volume last month. Purchase-mortgage business was down 2.2% from December...