With this new program that triples the payments to lenders who modify a mortgage, originations will pick up.Radian will take advantage of the program and go from $6.5 billion to $9 billion in Q1 in new Insurance written.
1st quarter is always slower..... you need to get your expectations in check. Read the 10k
It's a new day Sir, we don't have ORI, or PMI anymore.In addition, the PMI marketshare has doubled over the last two years. As FHA raises it's premiums more borrowers have come to the private mortgage insurance industry.Also, mortgage originations are at a 20 month high currently.So Sir, you need to get updated, do more research and update your outlook.