A similar share of consumers used private mortgage insurance as credit enhancement in the first quarter compared with the prior year, but only one underwriter exceeded $10 billion in new insurance written.
This narrowed the market share spread among the six active underwriters, according to data compiled by Keefe, Bruyette & Woods.
As a group, NIW totaled $57.9 billion, down from
During the first quarter,
"MI management teams across the industry continue to stress that pricing remains balanced and constructive, and that recent increase in macro uncertainty has not significantly shifted pricing dynamics to date," Bose George, an analyst at KBW, wrote in the earnings wrap report for NMI Holdings.
The following is a roundup of the first quarter results at the six active underwriters, as well as some recent industry news.
