This study advances the mortgage insurance pricing literature by providing theory and methods for incorporating both … loan-to-value and debt service ratios to the pricing process of Mortgage Insurance (MI). Specifically, the MI is regarded … framework, we also derive three types of MI contracts designed for different purposes: full MI can compensate mortgage lenders …

.5 trillion over the next five. Despite clear signs of strain in the FHA's Mutual Mortgage Insurance Fund, a recent actuarial … available from mortgage delinquency; and it ignores potential risks associated with recent down-payment assistant programs …

This study sets up a contingent-claim framework incorporating the default risk of a mortgage insurer and the capital … forbearance of regulators to value mortgage insurance (MI) contracts. We further investigate how critical policy parameters, such … of a catastrophic risk in the housing price. For mortgage insurers with a lower asset-liability ratio, the effect of the …

mortgage insurance claim and higher rate of loss given claim. Valuations by HUD-assigned appraisers are associated with a lower …

focusing FHA insurance on a narrowing segment of the mortgage market. But in response to the collapse of house prices and … a natural experiment to measure the effect of the availability of FHA mortgage insurance on the mortgage market. The … conventional (i.e., not insured by the Veterans Administration, Department of Agriculture, or FHA) mortgage lending …