Private MI Share Rises in 2Q22 as Refi Market Sinks

January 27, 2023 - Mortgage, Real Estate Financing

For the first time since 2007, private MIs accounted for over half of new insured mortgage originations thanks to surging purchase-mortgage business in the second quarter. FHA and VA were hit much harder by the nosedive in refinance activity. (Includes three data charts.)

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