2023 trends continue – low NIW volume, strong credit performance, ILN issuances at attractive pricing levels

Mortgages expected to become delinquent in the future rose to 3.10% in Q3, up from 3.03% in Q2, according to the latest Milliman Mortgage Default Index (MMDI).

The latest monthly estimate of the lifetime default risk of U.S.-backed mortgages.

Using updated industry data, we shed light on questions about housing demand and supply, higher interest rates and affordability, and how prices may trend.

The Private Mortgage Insurer (PMI) landscape has grown more competitive in recent years; “Black-box” risk-based pricing engines – largely adopted industry-wide in late-2018/early-2019 – have made pricing and business mix differences amongst the 6 MIs more opaque than ever.

Want to know the state by state effect of the pandemic on the housing market? Metrics and commentary analyze the relationship between COVID-19 and impact.

Now that we are several months into the COVID-19 pandemic, sufficient data exists to analyze its effects on the mortgage market and draw conclusions on the impact this disruption will have on the mortgage marketplace for the rest of 2020 and 2021.

This article provides clarity on the Adverse Market Refinance Fee and its potential impact.

In the wake of the 2008 global financial crisis, many risk managers were caught flat-footed with representations and warranties exposure, also commonly known as repurchase exposure.

Student loans now account for 10.7% of overall household debt, though a decade ago they accounted for less than 5%.

An uncommon yet creative 401(k) plan provision could help reduce anxiety among workers who fret about personal financial obligations.

We can look backward with actual data and forward with predictive analytics and use that information to help in our home-buying decision-making process.