Tag Archives: private mortgage insurance

Staircase automates underwriting of private mortgage insurance

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MI Underwriting tool pulls documents and data directly from lenders, allowing mortgage insurers to make instant policy decisions at half the cost. Continue reading →

Polly integrated with all 6 primary mortgage insurers

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The ability to retrieve quotes from private mortgage insurers helps borrowers assess their options and streamlines the mortgage insurance process for lenders. Continue reading →

Flush with cash, FHA urged to lower mortgage insurance premiums

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Although the FHA isn’t signalling it’s ready to reduce premiums, it’s looking at ways to expand access to mortgage credit, including downpayment assistance and support for “small-dollar” lending in underserved markets. Continue reading →

More lenders jumping the gun on historic Fannie, Freddie loan limits

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Rocket Mortgage and United Wholesale Mortgage — the nation’s top two lenders — and at least five others are raising conforming loan limit to $625,000 ahead of an official FHFA announcement. Continue reading →

Mortgage insurer Enact’s IPO is back on track

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With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering. Continue reading →

Private mortgage insurer National MI integrates with Mortgage Coach

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Borrowers putting less than 20 percent down can choose between FHA, VA or USDA-backed mortgages, or take out private mortgage insurance to qualify for a mortgage that meets the requirements of mortgage giants Fannie Mae and Freddie Mac. Continue reading →

Genworth postpones IPO of its mortgage insurance business

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Citing volatile trading in shares of mortgage insurers, Genworth Financial has postponed plans to sell off part of its mortgage insurance subsidiary in an initial public offering. Continue reading →