USMI says Congress should consider replacing the 2% Capital Ratio requirement with an updated stress-based, loan-level risk-weighted standard
Tagged: mortgage insurance premium (MIP)
The average U.S. homeowner is spending nearly $16,000 annually on expenses beyond their average mortgage payment, led by home insurance premiums, a hidden cost that has surged 48% nationwide since February 2020
MGIC Investment appoints Martin Klein, senior advisor to Athene Holdings, and Daniela O'Leary-Gill, former chief operating officer for BMO, to its Board of Directors
PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017
What you need to know about the law as a mortgage professional and share with your clients
U.S. House and Senate must agree on certain tax, mortgage insurance premium deductions
In new role, Livingstone to lead business expansion for specialty mortgage insurer and reinsurer
Bipartisan bill would restore, expand expired MIP deduction, aiming to ease homeownership costs for millions
Think tank explores tax-advantaged savings accounts for homeowners insurance
Guaranteed Rate's study attributes the rise to climate risks and other factors.