FHA is dedicating resources to servicing oversight and enforcement in the COVID and post-COVID era. In sum, servicers should expect lending monitoring exams to be scheduled in the coming months.

Back in 2015, the mix was reversed: FHA accounted for 60% of the FHA/VA market.

At face value, the disparity between the cost of the transactions and the return on investment seems ludicrous...

At press time, Genworth's share price was down slightly to $3.83. Its 52-week high is $4.76, its low $1.87...

Private MIs reported a 19.6% drop in purchase-mortgage business during the first quarter, which still accounted for 64.8% of their new insurance written for the period.

The FHA program remains a go-to choice for first-time homebuyers...

Late payment rates peaked in June at 11.82% as borrowers struggled with the impact of the pandemic on economic activity.

Radian's MI provision for losses fell to $45.9 million in 1Q21 from $56.3 million in the fourth quarter.

The upfront MIP is 175 bps of the base loan amount on a 30-year fixed-rate FHA single-family loan. Most FHA borrowers pay an annual MIP of 85 bps for the full life of the loan.

Servicers also repurchased $20.22 billion of delinquent loans from Ginnie MBS in the first quarter, or 9.3% of total removals.