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Mortgage insurance (also known as mortgage guaranty) is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan..(read more) FHA Mortgage Insurance. FHA insurance is required for any FHA mortgage, irrespective of the size of the down payment provided.
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We originate residential mortgage loans either directly through our banking and loan production offices in New York or indirectly through brokers and our third party loan origination program. Mortgage loan originations and purchases for portfolio totaled $1.48 billion for the year ended December 31, 2016 and $1.51 billion for the year ended.
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