A new report by Moody’s revealed that current macroeconomic conditions had been favorable for the mortgage insurance industry. But which factors were holding back the growth of originations in this segment?
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How Will Insurance Rate Reductions Impact Mortgage Affordability?
A new study looked at how cuts in insurance premium by private companies could affect the affordability of mortgage payments, especially for FHA loan borrowers. Click through to read the findings.
Read More »The Face Off—FHA vs. Private Mortgage Insurance
In the time period following the housing market collapse, private mortgage insurance was not easy to obtain. This left the door open for the FHA to step in to accommodate low-down payment borrowers and pick up more market share. But the tables have since turned.
Read More »Why the New PMI Reduction Will Reel in FHA Borrowers
The recent reduction in private mortgage insurance fees has made getting a mortgage loan a lot easier and may begin to pull high quality borrowers from the Federal Housing Administration.
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