Radian Group will be shutting its mortgage conduit rather than trying to find a buyer for the business, the company confirmed. Processing Content The story originally appeared in HousingWire. “Radian ceased accepting new business for Radian Mortgage Capital early last week and is in the process of thoughtfully winding down the business over the coming […]
Radian shuts mortgage conduit instead of selling Read More »
Helped by a strong fourth quarter, the six active private mortgage insurers wrote 12% more business in 2025 over the prior year. Between the third and fourth quarter, new insurance written grew by 4%, according to a report from Bose George of Keefe Bruyette & Woods. Typically, the last three months of the year are
MI volumes jump 12%, competitive pressure builds Read More »
The nation’s private mortgage insurers are adequately capitalized to deal with the housing market’s challenges during 2026, so on balance they have a neutral outlook for next year, Fitch Ratings said. Processing Content “We expect strong borrower credit profiles, relatively stable employment levels, and persistent home price appreciation to help mitigate pressures from ongoing housing-affordability
MI, title firms positioned well for 2026’s challenges: Fitch Read More »
New insurance written at the nation’s six active private mortgage insurers continued to run ahead of last year’s pace during the third quarter, with the market share gap widening between the top and bottom. For the quarter, the MIs wrote $84.3 billion of new policies, compared with $81.2 billion three months prior and $82.5 billion
Mortgage insurers have strong 3Q for new policies written Read More »
A bipartisan bill looking to end the Federal Housing Administration’s life-of-loan requirement for that form of mortgage insurance coverage has been reintroduced in the House of Representatives. The Mortgage Insurance Freedom Act was previously introduced in last year’s lame duck session of Congress by Rep. Gregory Meeks, D-New York, and Rep. Pete Sessions, R-Texas. Under
FHA premium cancellation bill reintroduced in the House Read More »
Radian Group is diversifying its operations away from real estate finance, exiting its businesses outside of mortgage insurance and purchasing a specialty underwriter. In related moves, Radian will be acquiring Inigo Limited, a Lloyds specialty insurer for $1.7 billion in what it termed “a primarily all-cash transaction.” Meanwhile, in what Radian lately has called its
Radian says hi to specialty insurer, bye to conduit, title Read More »
The U.S. Mortgage Insurers repeated its commitment for members to work with the Federal Housing Finance Agency to implement VantageScore 4.0. In an Aug. 27 blog post, the group said it welcomed FHFA Director Bill Pulte’s announcement permitting Fannie Mae and Freddie Mac to accept loans using the VantageScore 4.0 algorithm and its members will
Mortgage insurers commit to using VantageScore 4.0 Read More »
The Federal Housing Association is likely to continue to take market share away from the private mortgage insurers for the foreseeable future, a Keefe, Bruyette & Woods report said. Insurance-in-force for all forms of mortgage insurance grew by 1.3% between the first and second quarters and by 5.5% year-over-year, the report from Bose George and
FHA poised to outpace private mortgage insurers Read More »
Even though Keefe, Bruyette & Woods has downgraded the stock rating on three of the five private mortgage insurers it covers, its analysts are still relatively bullish on the segment. Radian, Essent and NMI Holdings have all been dropped to a market perform rating from outperform in large measure because of their strong performance year-to-date,
KBW cuts ratings on mortgage insurers Read More »
Provisions restoring the mortgage insurance premium deduction are included in the Senate reconciliation bill, the latest path for its supporters to bring it back to the Tax Code. It is one of several real estate and housing provisions up for debate, including one that addresses low income housing tax credits. The MI deduction first was
Senate reconciliation proposals would help, hurt housing Read More »