mortgage insurance | firsttuesday Journal

MLO Mentor: Section 32 coverage tests

by Bethany Correia | Dec 6, 2021 | Finance, Laws and Regulations, Loan Products, Mortgages | 0

This MLO Mentor guide helps you quickly identify when a loan falls under Section 32 requirements....

Second mortgages back in vogue for low down payment purchases

by Amy Thomas | May 9, 2016 | Finance, Real Estate | 0

Piggyback mortgages resurface — but memory of the harrowing financial crisis will keep their abuse at bay.

Homebuyers weigh mortgage rate options; Monthly Statistical Update (May 2016)

by ft Editorial Staff | May 2, 2016 | Charts, Market Watch, Monthly Statistical Update | 0

How long will low FRM rates last?; Higher ARM rates are less attractive; PMI — more expensive, but shorter-lived than MIP

FHA tightens the reins on reverse mortgage lending — again

by Matthew Taylor | Jan 12, 2015 | Feature Articles, Finance, Laws and Regulations, Real Estate | 1

FHA reverse mortgage applicants now have to prove they can carry property costs.

MGIC suffers another loss, twice-told tales

by Sarah Cantino | Apr 26, 2012 | Real Estate | 0

MGIC Investment Corp. (MGIC), the private mortgage insurer (PMI), has reported its...

Down payment insurance: a nice idea in Wonderland

by Jeffery Marino | Feb 5, 2012 | Real Estate | 0

People will begin buying homes again if the federal government protects their down payment from risk of loss, according to University of California economist, James A. Wilcox. Wilcox claims that there is a vast nationwide demand...

The true costs of a default-insured mortgage

by Giang Hoang-Burdette | Jul 6, 2010 | Feature Articles, Real Estate | 3

This article exposes the inclusion of default insurance premiums and impounds as part of the total monthly payment on an FHA-insured loan, and their effect on the amount the homebuyer is qualified to borrow. Similarly discussed are the costs of private mortgage insurance (PMI).

Private mortgage insurers come back to California as FHA raises eligibility requirements

by Giang Hoang-Burdette | May 6, 2010 | Real Estate | 0

The private mortgage insurance industry (PMI) is no longer boycotting California. Some of the largest private insurers in the nation, including PMI, Genworth and MGIC, have returned to the California market after abandoning the...