Private MI Firms Essent, NMI on a Capital-Raising Spree June 12, 2020 Maria Volkova and Paul Muolo FHA may be having a tough time with forbearance requests, but the PMI sector is doing fine: Two firms recently tapped the capital markets.Read More
HUD-IG Says Telework Had Little Impact on Operations June 12, 2020 Maria Volkova HUD's internal watchdog found employees were able to quickly adapt to working from home and perform essential functions. Read More
FHA/VA Mortgages in Forbearance Leveling Off June 12, 2020 Maria Volkova Ginnie-backed loans under forbearance grew a mere 1 basis point as of May 31, according to the MBA. An indication of better times?Read More
New Digital Lender Plans to Offer FHA/VA Loans June 12, 2020 Maria Volkova Beeline plans to offer FHA loans by 3Q and VA loans next year.Read More
Mortgage Bankers Optimistic on a Purchase-Market Recovery June 12, 2020 Maria Volkova Another factor driving optimism: Buyer demand is staying strong, while the supply of homes on the market is low. Read More
Lenders Remain Optimistic About Purchase-Market Recovery June 11, 2020 Maria Volkova With the reopening of states, lenders are optimistic the purchase-mortgage market will stabilize. Read More
Despite the Pandemic, Nonbanks Continue to Hire June 5, 2020 Maria Volkova Nonbank mortgage giants such as UWM and Quicken are hiring hundreds of mortgage workers during the pandemic. Commercial banks, not so much...Read More
New Lender Launches Fully Digital Product June 5, 2020 Maria Volkova A startup, Beeline, promises it can decide on a mortgage application in as little as 15 minutes.Read More
Top-Ranked Lenders Continue to Actively Hire June 4, 2020 Maria Volkova United Wholesale, Quicken Loans and Freedom Mortgage are among the firms that have announced plans to fill thousands of vacancies.Read More
In the Face of a Pandemic, MI Firms Unveil Capital Raises June 4, 2020 Maria Volkova Based on two deals announced this week, it’s apparent that capital markets investors are open to investing in MI firms during the pandemic.Read More