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IMPORTANT: Bing News RSS feed has moved!Mortgage Insurance Companies of America (MICA), the trade group representing the largest private mortgage insurance (PMI) companies has issued a statistical report of PMI activities for the month of October. Member companies which include Genworth Mortgage ... Read moreOctober Mortgage Insurance Activity IncreasesThe father of three eased into a chair. He is in his late 30s. He works hard at both of his jobs. He and his wife, he said, are very careful about spending. They live without a sign of grandiosity. Both of their cars have more than 100,000 miles on them ... Read moreHeld prisoner by mortgage insuranceIf you have taken out a mortgage in the last 10 years there is a strong possibility that you could be owed thousands of pounds in compensation for payment protection insurance that was mis-sold to you. For more information please call us for free on 0800 ... Read moreMortgage Payment Protection Insurance, Call For Free on 0800 044 5196The pool backing Kingfisher 2004-1G is covered by mortgage insurance, with policies provided by QBE Lenders Mortgage Insurance Ltd (Insurer Financial Strength rating 'AA-'/ Stable). The class B notes were placed on RWN as a result of Fitch's ... Read moreTEXT:Fitch Affirms 2 Kingfisher RMBS Tranches; Maintains 1 on RWNPMI's filing came one day after Richard Gama, an Arizona Superior Court judge in Phoenix, rejected its request to overturn the seizure by the Arizona Department of Insurance. That department took control of PMI's main unit, PMI Mortgage Insurance Co ... Read moreUPDATE 2-Mortgage insurer PMI Group files bankruptcyUnits of Ally Financial Inc., the auto and home lender that received a government bailout, were sued by Financial Guaranty Insurance Co. for allegedly misrepresenting the quality of mortgage loans underlying securities that Financial Guaranty insured. Read moreAlly’s GMAC Is Sued by Insurer Over $1.2 Billion in Mortgage Securitiesborrowers must pay 2 percent of their home's value upfront as a mortgage insurance premium and 1.25 percent annually on the loan balance to protect lenders against losses and borrowers against a drop in home value or bank failure, for example. Read moreIndustry Pushes Lower-Cost Reverse MortgagesPHILADELPHIA--(BUSINESS WIRE)-- Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., today released data for primary mortgage insurance delinquencies for November 2011. These details may also be found on Radian’s ... Read moreRadian Releases Delinquency Data for NovemberPrivate Mortgage Insurance companies have been actively engaged in HARP since its inception. The Mortgage Insurance Companies of America (MICA) announced that the association, representing private mortgage insurance company members, endorses the ... Read moreFor additional information, please see:
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