Mortgage Lender Captives Prove their Worth to MIs, Lenders in Tough Times, Says S&P Report
June 14, 2007
Although the cost of captive reinsurance arrangements with mortgage lenders can dampen MI profitability if loss rates are low, the structures can deliver protection and stable cash flows to participants during lean economic times, according to a new report...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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