New Private MI Production Edges Higher in 3Q05, But Share of Overall Mortgage Market Still Sliding
November 10, 2005
Private mortgage insurers posted a tidy 8.1 percent increase in industry-wide production of new primary MI volume during the third quarter, according to a new analysis by Inside Mortgage Finance. Private MIs also continued to grab a bigger share of the total insured mortgage market, as they showed a lot more agility in adapting to the booming alternative mortgage business than either the FHA or VA. ...