A comprehensive platform to evaluate mortgage investment opportunities, trends in the market, and portfolio aggregation.
The latest monthly estimate of the lifetime default risk of U.S.-backed mortgages
This site provides historical market dollar price data and discount margin for CRT indices with market data that is updated daily.
Since 2018, Milliman has been tracking the Private Mortgage Insurer (PMI) New Insurance Written (NIW) landscape and Insurance In Force (IIF) performance to keep our finger on the pulse of the market. The linked publication provides information and context regarding trends and differences amongst the PMIs’ businesses for 2Q 2022.
The full 2Q 2022 report provides 20+ pages of figures and commentary covering:
- Summary of NIW
- Summary of IIF
- Summary of capital markets ILN issuances
- Appendix: Additional excerpts from earnings calls
- Recession risk and pricing
The data used to compile this report includes publicly available PMIs’ disclosures (Earnings Releases, Financial Supplements, and 10-K/Qs) as well as additional aggregated industry data extracted from Milliman’s M-PIRe platform.
Private Mortgage Insurer (PMI) market trends and highlights, 2Q 2022
Purchase NIW shows resiliency, credit performance remains strong, and reserve releases continue. However, moderating house price growth and a potential recession are risks to the industry.