Private mortgage insurance companies lost nearly $6 billion of business on the purchase-mortgage side in the fourth quarter, but gained back almost all of it on the refinance side. (Includes two data tables.)
Read More
Hedging shifting values of mortgage servicing rights continued to be a major factor in bank mortgage-banking activity as production income remained strong despite a sag in volume. (Includes data table.)
Read More
Some 17.2% of homeowners with mortgages had an interest rate greater than or equal to 6% at the end of the third quarter of 2024, compared to 12.3% in the third quarter of 2023.
Read More
PennyMac Financial Services upsizes debt offering by $200 million; Freedom Mortgage is set to issue $500 million of senior unsecured notes; Beeline Labs raises capital for MagicBlocks; Rocktop Technologies and One Diligence launch an AI-enabled natural disaster risk evaluation solution; Usherpa launches a new workflow management tool.
Read More
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.