Insurance
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Insured Defaults up 10%
Jun 01, 2009[Update 1: includes clarification of Radian’s influence on year-on-year figures] Defaults on privately insured US mortgages are up nearly 10% percent from one year ago. However, defaults fell more than 3% in April from March, by way of comparison. It marked the third consecutive month of decline in primary insurance defaults, since the 106,482 defaults seen in January. After falling more than 6% in March from February, primary insurance defaults slipped to 81,171 in April, according to data released Friday by the Mortgage Insurance Companies of America (MICA).
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One in Four Homeowners Holds an Empty Piggy Bank
May 19, 2009 -
Mortgage Insurer Losses Narrow
May 18, 2009 -
REO Insurance Covers Bank-Owned Properties
May 15, 2009 -
Title Insurer Taps Servicing Business
May 15, 2009 -
MBIA Posts Profit Despite Second-Lien Woes
May 11, 2009 -
PMI Posts $115m Loss; Blames US Mortgage Cover
May 11, 2009 -
First American Posts Q1 Return to Profit
May 04, 2009
