Mortgage insurers reported that over one million borrowers utilized low down payment programs in order to secure a mortgage for a home; about 97% of these purchases helped people buy new homes and first-time buyers get into one.
Read More »GSEs Update Single-Family Pricing Framework
Fannie Mae and Freddie Mac have changed their upfront fee structure to strengthen their safety and soundness by enhancing their ability to improve their capital position over time.
Read More »Private Mortgage Insurers Transfer Risk on $2.8T of Coverage
The U.S. Mortgage Insurers (USMI), which is the trade association representing the nation’s leading private mortgage insurance companies, has announced the industry has transferred more than $55 billion in risk on nearly $2.8 trillion of insurance-in-force from 2015-2021. This ...
Read More »Senate Confirms Thompson as FHFA Director
In service as Acting Director of the FHFA since June 2021, former FDIC executive officially begins her term as FHFA Director after a 49-46 Senate vote.
Read More »Industry Reaction: Senate Confirms Julia Gordon as FHA Commissioner
After a re-nomination by President Biden, Julia Gordon has been confirmed by the Senate to serve as Commissioner of the FHA/Assistant Secretary of HUD.
Read More »Bipartisan MI Bill Introduced to Provide Relief to Middle-Class
Reps. Ron Kind and Vern Buchanan announce legislation to provide financial assistance to middle-class homebuyers.
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