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Private mortgage insurers bounce back after QM patch jitters – Shares of Essent Group (ESNT +1.7%), MGIC Investment (MTG +2.3%), NMI Holdings (NMIH +2.2%), and Radian Group (RDN +2.3%) perk up after shares of the private mortgage insurers came under pressure.
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Capstead Mortgage starts capital raise – Capstead Mortgage (NYSE:CMO) starts a public offering of 9M shares of common stock. Intends to grant greenshoe option for up to an additional 1.35M shares. Expects to use the net proceeds to.
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The Expiration of This Key Mortgage Rule Could Upend the Housing. – 3 days ago. The rule, also known as the Qualified Mortgage standard, is aimed at preventing predatory lending, and protects lenders who make qualified.
Tampa Bay ranked among high-risk metro areas for mortgage application fraud – This Dec. 7, 2016 file photo shows a house for sale, in Hialeah, Fla. Americans shrugged off rising mortgage rates and bought.
Mortgage insurance by MGIC – whether borrower paid or lender paid – helps you serve your customers by making homeownership more affordable for them.
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