MGIC saw a significant gain in market share during the third quarter, but private MIs overall lost ground to FHA and VA due to surging refinance activity. (Includes four data tables.)
Read More
The delinquency rate on mortgages has been on the upswing this year, reaching 3.61% at the end of September, according to the Inside Mortgage Finance Large Servicer Delinquency Index. (Includes data tables.)
Read More
President-Elect Donald Trump is expected to replace Rohit Chopra as CFPB director. It’s not yet clear how the Trump administration plans to handle mortgage-related efforts in progress at the CFPB.
Read More
The cost of a credit score for originations is set to increase by 41% in January. The plan prompted trade groups representing lenders to renew calls for regulators and Congress to address pricing practices for credit reporting products.
Read More
Ginnie Mae wants to give a capital break to servicers that hedge their positions and do it well. But the government guarantor might make some changes to the language first published last week.
Read More
The Trump administration and Republican leadership in both houses of Congress will likely lead to the reversal of many Biden-era fair lending and equitable finance rules and guidelines, but affordable housing is still a bipartisan issue.
Read More
In 2020 when rates were hitting rock bottom, nonbanks — public and private alike — lined up to issue debt in the form of unsecured notes. But 2025 is just around the corner and those instruments need to be refinanced or paid off.
Read More