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PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017
NEXA CEO Kortas says implementation marks ‘the first mortgage brokerage to implement comprehensive agentic AI at this scale’
Deal could value GSEs at combined $500B, sell a portion of their stock to raise ~$30B
Former Ginnie Mae president says appraisal reform is stalling, calls for Congress to embrace data-driven valuations
Single-family business up more than 10% YoY, with notable increase in refi share
Letter calls for consulting with independent experts, regulators before any changes made