A mortgage is more than a rate and a closing date. It is a family planning for what happens after the keys are in hand. That is why insurance is not optional and belongs beside pricing, product fit, and closing costs in a loan officer’s core toolkit. It is required for the loan, and it […]
U.S. mortgage insurer Radian has acquired Inigo, a Lloyd’s specialty insurer, according to an announcement on Thursday. Radian has agreed to pay $1.7 billion for Inigo. The transaction will primarily be all-cash, which Radian said will be funded from its available liquidity sources and excess capital from its subsidiaries. According to the release, this $1.7
Radian acquires specialty insurer Inigo for $1.7 billion Read More »
President Trump’s One Big Beautiful Bill is a milestone on the path of America’s Golden Age. It will help restore prosperity and stability to millions of households by providing crucial tax relief—including bringing back an impactful tax deduction for mortgage insurance premiums (MIPs). From 2007-2021, four million homeowners used the MIP deduction annually. In the years that
How Trump’s bill helps aspiring homeowners Read More »
Private mortgage insurers wrote just 2% more new business on a year-over-year basis in the second quarter, but market share shifts widened the spread between the six underwriters. The industry-wide market share gap was 1.7 percentage points for both the second quarter 2024 and first quarter of 2025, according to data from Keefe, Bruyette &
Private MI market share gaps widen in Q2 Read More »
Even if conforming mortgage lenders were ready to adopt VantageScore 4.0 tomorrow, several industry players warn that infrastructure and policy alignment are still lacking — and that the road to implementation could be longer and bumpier than it seems. For example, they need to be certain the private mortgage insurers are capable of providing coverage
FHFA’s Vantagescore move changes math on mortgage insurance 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 »