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.)
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.)
President-Elect Donald Trump is expected to replace Rohit Chopra as CFPB director. It’s not year clear how the Trump administration plans to handle mortgage-related efforts in progress at the CFPB.