PMI

KBW cuts ratings on mortgage insurers

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, […]

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Senate reconciliation proposals would help, hurt housing

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

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