Private mortgage insurers are having a strong year overall so far, and next year should be just as good, the president CEO of NMI Holdings said.
The six companies should do roughly about $285 billion of new insurance written this year and "we expect a similarly attractive environment in 2025," said Adam Pollitzer on the company's earnings call.
Among the likely fourth quarter headwinds are an uptick in new delinquencies largely resulting from borrowers not being able to
Typically, those late borrowers do cure quickly, industry executives from the various companies noted during their third quarter calls.
Here are the results from the six active private mortgage insurance underwriters for the third quarter:
