Gateway to Think Tanks
来源类型 | Research Report |
规范类型 | 报告 |
Mortgage Insurance Data at a Glance - 2019 | |
Karan Kaul; Laurie Goodman; John Walsh; Jun Zhu | |
发表日期 | 2019-12-04 |
出版年 | 2019 |
语种 | 英语 |
概述 | For 62 years, the availability of private mortgage insurance (PMI) has helped millions of borrowers who have insufficient funds for a 20 percent down payment access homeownership. This chartbook quantifies the role of PMI in the agency mortgage market, detailing which borrowers use PMI, how they compare with borrowers who use other forms of mortgage insurance, how PMI-insured loans perform, and the role of PMI |
摘要 | For 62 years, the availability of private mortgage insurance (PMI) has helped millions of borrowers who have insufficient funds for a 20 percent down payment access homeownership. This chartbook quantifies the role of PMI in the agency mortgage market, detailing which borrowers use PMI, how they compare with borrowers who use other forms of mortgage insurance, how PMI-insured loans perform, and the role of PMI in reducing loss to investors. This 2019 publication updates our 2017 publication, which was released as a data supplement to a comprehensive report on the past, present, and future of the PMI industry, Sixty Years of Private Mortgage Insurance in the United States.
This chartbook was revised December 20, 2019. On pages 39 and 40, the credit score ranges in the text were corrected to match the ranges in their corresponding charts—that is, 700 and above and 680 and above. Also on page 40, the statement regarding borrowers with an 85 percent LTV ratio says “PMI is more economical than FHA across the FICO spectrum”; in a previous version, “PMI” and “FHA” were reversed. |
主题 | Finance ; Housing and Housing Finance ; Income and Wealth |
URL | https://www.urban.org/research/publication/mortgage-insurance-data-glance-2019 |
来源智库 | Urban Institute (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/480833 |
推荐引用方式 GB/T 7714 | Karan Kaul,Laurie Goodman,John Walsh,et al. Mortgage Insurance Data at a Glance - 2019. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
u.s._mortgage_insura(21234KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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