Radian: New mortgage insurance written jumps 25% in first quarter

quarter of 2015, compared to $45.9 million in the first quarter of 2015, and $64.6 million in the prior -year period. The loss ratio in the second quarter was 13.3 percent, compared to 20.4 percent in the first quarter of 2015 and 31.7 percent in the second quarter of 2014. Mortgage insurance loss reserves were $1.2 billion as of June.

The implication is that they’ll be perfectly willing to jump right back up to yesterday morning’s levels, even if stocks aren’t quite there yet. Any tactical opportunity to float has passed. 2017 had.

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New mortgage insurance written (NIW) surged 25% year over year to $10 billion in the quarter. Notably, the quarter’s NIW consisted of loans with excellent risk-return characteristics.

How to Get Rid of Private Mortgage Insurance  Of the $10.1 billion in new business written in the first quarter of 2017, 25 percent was written with single premiums. Net single premiums written, afte r consideration of the 35 percent ceded under the Single Premium Quota Share Reinsurance Transaction , was 16 percent in the first quarter of 2017.

The first title insurance company, the Law Property Assurance and Trust Society, was formed in Pennsylvania in 1853. The vast majority of title insurance policies are written on land within the United States. Typically the real property interests insured are fee simple ownership or a mortgage.

Mortgage rates resumed their recent trend higher today. Yesterday had been the first day since June 27th without noticeable weakness–raising some hope that the negative trend might be running out of.

Old Republic International Corporation’s title insurance earnings performed well in the first quarter 2017, far outpacing last year’s first quarter. On the other side, the company’s mortgage insurance business didn’t perform as well, falling from the same period a year ago.

So what. For the quarter, Radian Group reported a nearly 8% year-over-year decline in revenue to $288.8 million, yet it managed a 16% improvement in net income to $76.5 million, which worked out to $0.37 in EPS on an adjusted basis. New mortgage insurance written also rose by 25% year over year to $10.1 billion.

Fewer banks tighten mortgage underwriting standards FDIC Warns Banks on HELOC Freezes, REO Management  · The special reserve covers an $11.9 billion portfolio of loans that the bank originated or acquired through indirect sources such as mortgage brokers, Wells explained. That portfolio will be sold off under the guidance of a dedicated management team, the bank added.Registers of Deeds ask Iowa AG to postpone servicer settlement The parties hereto apply to the Chief Land Registrar to enter a note of this deed against the Register of Title of the Property. 4. It is agreed that both the Society’s Charge and the Lender’s Charge shall be continuing securities for the. DEED OF POSTPONEMENT · Lenders started to tighten up on underwriting standards, making less mortgage money available.. fewer people were in the market for homes, and.

While the rest of the market has rallied during the first few months of this year, shares in American International Group (AIG) have struggled thanks to a large, unexpected reported loss for the fourth quarter of 2016. For the fourth quarter, the company reported a $3 billion loss, thanks to.