Mortgage Guaranty Insurance Corp. (MGIC), the primary subsidiary of MGIC Investment Corp., announced the promotion of Carla Gallas to senior vice president, claims. In her new position, Gallas will focus on MGIC's loss mitigation efforts and maximizing its efficiency in claim operations. Gallas has been with MGIC for 24 years and has held different positions in sales and underwriting, most recently serving as vice president, field operations.
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The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
July 10 -
The Additional Tax Lien Account is Acacia 2026-1's prefunding account, which will buy assets in the deal's first six months, up to $33.5 million, and is one of the deal's two investment accounts.
July 10 -
The bill, which passed with wide bipartisan support, will become law at midnight if President Donald Trump doesn't veto it.
July 10 -
Federal Reserve Bank of Dallas President Lorie Logan said at an event Thursday that conducting monetary policy actions through a third party would improve efficiency and make markets stronger.
July 9 -
The pool includes called collateral and smaller concentrations of loans originated in higher credit tiers, resulting in some underlying asset weakness compared with a previous deal.
July 9 -
A week after falling to its lowest point since mid-May, the 30-year fixed rate mortgage turned higher as the 10-year Treasury rose 15 basis points since June.
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