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1. M.I. Volume Sinks to New Low - 22,768 policies for $4.8 billion in September... record, the monthly volume of mortgage insurance policies issued ... decreased. During September, mortgage insurers issued 22,768 ... dollars, the Mortgage Insurance Companies of www.mortgagedaily.com/MiProduction103009.asp 2. M.I. Class Action Continues Against Countrywide - Reinsurance fees to subsidiary... Act that are tied to mortgage insurance. The Third Circuit ... limited borrowers to seven mortgage insurers based on a rotation ... being overcharged for mortgage insurance as a result www.mortgagedaily.com/LawsuitCountrywideAppeal102909.asp 3. Firm Touts 560 FICOs on FHA Loans - Expert announces Ginnie Mae approval... Florida firm claims it can fund mortgages insured by the Federal Housing Administration with FICO scores as low as 560. The company is Expert Group Inc. The Miami-based lender www.mortgagedaily.com/ExpertFha102709.asp 4. FHA Policy Updates - Recent FHA guideline updates and lobbying efforts... Up-front mortgage insurance premiums have been excluded from the ... program now follows standard FHA guidance and mortgage insurance premiums have been. The H4H shared appreciation www.mortgagedaily.com/FhaPolicy102309.asp 5. FHA Business Lower, Reverse Higher - 176,753 September FHA endorsements... 4 weeks. Total mortgage insurance-in-force as of ... Union, Experian, FICO & VantageScore. Mortgage Insurance News | Mortgage Insurance Statistics subscribe | mortgage ads | www.mortgagedaily.com/FhaEndorsements102109.asp 6. Possible FHA Suspension for Lend America - Lawsuit filed by DOJ over alleged... Fraudulent lending practices that compromise the integrity of the FHA mortgage insurance program and contribute to the alarming increase in loan defaults and housing foreclosures www.mortgagedaily.com/LawsuitDojLendAmerica102009.asp 7. Default Service Execs Strategically Shifted - Recent executive activity at... An appraisal management firm has hired a former mortgage insurance executive. Griff Straw was named president of Solidifi U.S. Inc., an Oct. 8 statement said. Before his new job www.mortgagedaily.com/ExecutivesSvcProviders101609.asp 8. FHA Webinar: How will FHA Reforms Impact the Mortgage Industry? on Oct. 14, 2009,... preventing further losses to the mortgage insurance program. On Oct. 14, 2009, MortgageDaily.com and Patton Boggs LLP hosted a webinar addressing the changes at FHA, including www.mortgagedaily.com/FHAWebinar101409.asp 9. Mortgage Bankers Meet in San Diego - Mortgage conference news and activity... Holmes -- will discuss FHA Section 242 Mortgage Insurance and offer insight into an ... utilized the FHA Section 242 Hospital Mortgage Insurance Program to finance the construction of www.mortgagedaily.com/conferences101209.asp 10. New Mortgage Insurer - Essent to acquire Triad platform | MortgageDaily.com Mortgage Insurance News | Mortgage Insurance Statistics New Mortgage Insurer Essent ... newly launched mortgage insurance company has ... offer private mortgage insurance on residential www.mortgagedaily.com/TriadSale100709.asp 11. Record Low M.I. Activity - August volume $5.8 billion | MortgageDaily.com So far this year, mortgage insurers have written ... 2 billion. New mortgage insurance applications received during ... by members Genworth Mortgage Insurance Corp., Mortgage Guaranty www.mortgagedaily.com/MiProduction093009.asp 12. Fannie Updates M.I., Credit Score Requirements - Desktop Underwriter 8.0 to be... Mae unveiled a host of changes that impact minimum credit scores and mortgage insurance. The ... agreement and mortgages insured or guaranteed ... cost mortgage insurance options www.mortgagedaily.com/FannieUpdates092309.asp 13. The FHA Newsletter - Recent FHA activity and announcements | MortgageDaily.com Home Rehabilitation Mortgage Insurance Program, an August announcement indicated. The program, which presents less risk to mortgagees due to FHA insurance, can enable potential www.mortgagedaily.com/Fha092109.asp 14. FHA Business Down - 185,423 August endorsements | MortgageDaily.com Home-equity conversion mortgages insured by FHA were 8,933 last month -- dropping from 9,831. From Oct. 1, 2008, to Aug. 31, 2009, FHA endorsements totaled 1,770,237 mortgages for www.mortgagedaily.com/FhaEndorsements092109.asp 15. FHA Tightens Streamline Refi Requirements - Mortgagee Letter 2009-32... With an appraisal, 97.75 percent of the appraised value -- plus the new mortgage insurance premium -- can ... no longer allowable, and mortgage insurance applications must be signed www.mortgagedaily.com/FhaCredit091809.asp 16. House Supports Warehouse Aid, Higher Multifamily Limits - H.R. 3527 and H.R. 3146 ... Representatives will boost limits on some multifamily mortgages insured by the Federal Housing Administration. Legislators are also calling on the Obama administration to provide www.mortgagedaily.com/MultifamilyLimit091509.asp 17. Future For Fannie and Freddie - GAO releases study on potential operating models |... One plan calls for the creation of a federal mortgage insurer. The ... a federal mortgage insurer that could ... lenders. Mortgage Insurance News | Mortgage Insurance Statistics www.mortgagedaily.com/GaoGse091109.asp 18. MGIC Updates Guidelines on Flips - Bulletin #08-2209 | MortgageDaily.com Mortgage Insurance News | Mortgage Insurance Statistics MGIC Updates Guidelines on ... properties that were recently purchased. The mortgage insurer has also updated its premiums and www.mortgagedaily.com/MgicUpdate091109.asp 19. PMI Praises AZ Law But Warns on New Biz - New law enables regulator discretion... Insurance the discretion over mortgage insurers that can' ... Creek, Calif.-based mortgage insurance company is domiciled ... necessary relief as mortgage insurers pursue restructuring of www.mortgagedaily.com/LegislationAzMI090809.asp 20. Thank you for your interest in MortgageDaily Compared to last year, mortgage insurance firms are ... applying for mortgage insurance with the ... Mortgage Graveyard Mortgage Insurance News Mortgage Insurance Statistics Mortgage www.mortgagedaily.com/forms/MortgageDaily.comSubscriberKit.pdf 21. HUD Eases Multifamily Construction Requirements - Some completed construction... began prior to applying for mortgage insurance with the agency. HUD is ... department has received requests to provide mortgage insurance for projects where construction stopped due www.mortgagedaily.com/MultiConstruction090109.asp 22. M.I. Business Deteriorates - $7.6 billion in mortgage insurance policies written... Compared to last year, mortgage insurance firms are writing ... more than a third. Mortgage insurers wrote 33,481 policies ... 6 billion, the Mortgage Insurance Companies of America www.mortgagedaily.com/MiProduction083109.asp 23. FHA Activity Off in August - 1st-half August endorsements 86,826 | MortgageDaily... Reverse mortgage applications fell to 5,286 from 6,106. Mortgage insurance in force as of Aug. 15 was 5.3 million policies for $647.3 billion, higher than 5.2 million policies for www.mortgagedaily.com/FhaEndorsements082809.asp 24. Appraisal, Modification and Foreclosure Lawsuits Soar - 2nd-Quarter Mortgage... Mortgage Insurance Lawsuits tied to mortgage insurance. 2 2 0 0 0 0 0 Net Branch Litigation involving net branch operations. 5 0 1 1 0 1 0 Predatory Lawsuits and regulatory www.mortgagedaily.com/LitigationQ209Report082409.asp 25. Mortgage Insurance Lawsuits - 2nd-Quarter Mortgage Litigation Report... settlements, judgments and mortgage class actions. Mortgage Insurance ... to mortgage insurance. Defendant ... 2009 mortgage insurance lawsuits Mortgage Insurance News | Mortgage Insurance Statistics www.mortgagedaily.com/MortgageInsuranceLawsuits082409.asp
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