Home / Tag Archives: Mortgage Insurance

Tag Archives: Mortgage Insurance

New Risk Transfer Programs Offer Alternative to MI

In a new report on the state of the mortgage insurance industry, Moody's reported that a new risk transfer pilot program had the potential to shake up the industry. Here are the details.

Read More »

Arch MI, OpenClose Offer Individualized MI Rates in Seconds

Arch Mortgage Insurance Company and OpenClose announce Monday an integration aimed at providing “more competitive, sophisticated and dynamic MI pricing solution than conventional rate sheets,” according to Chris Hovey EVP and COO at Arch MI. Arch MI, the flagship private mortgage insurance provider of Greensboro, North Carolina-based Arch Capital Group, and West Palm Beach, Florida-based OpenClose, are collaborating to offer Arch MI RateStar pricing information within the OpenClose LenderAssist loan origination system.

Read More »

Rate Cut Canned on Trump’s Day One

The same day a new administration moved into the White House, a planned cut to mortgage insurance rates was indefinitely shelved.

Read More »

Arch Capital Expands MI Footprint with Acquisition

With the acquisition of United Guaranty Corporation, Arch Capital Group will move forward with its plans to expand its footprint in the private mortgage insurance.

Read More »

Updated: President Announces Reduction in FHA Premiums

FHA raised premiums in response to its declining mortgage insurance fund, which forced the agency to take a $1.7 billion bailout in 2013. Since then, it has rebuilt its capital, spurring some commentators to call for a cut. In a statement, the White House estimated that the reduction will translate to a $900 increase in annual mortgage payments for first-time buyers, with existing homebuyers expected to see similar savings.

Read More »

Mortgages Suffer from Misconception about Down Payments

There's a pervasive view held by younger consumers when considering whether to purchase a home or not, according to Freddie Mac's Christina Boyle. She believes that consumers persistently overestimate the size of a down payment they need in order to finance a home, and this lack of education is harming the housing market.

Read More »

Survey: Mortgage Insurance Costs Negatively Impacts Homeowners

New Homes

According to research results put out by TD Bank, 37 percent of homeowners who purchased within the last decade required mortgage insurance. Looking at just the last two years, that number is up to 43 percent, reflecting the troubles buyers are having meeting normal down payment minimums as home prices march up.

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.