Furthermore, primary insurance-in-force increased by $3 billion during the month, compared with a $1.8 billion increase between April and May.
Only three of the industrys underwriters are members of MICA: MGIC, Radian and Genworth. MICA numbers also include HARP volume as NIW, where individual company data typically do not.
MICA members did $12 billion in May and $9.4 billion in June 2012. Primary risk-in-force is now $408.8 billion, up from Mays $405.7 billion.
Applications received fell to 52,570 from 55,535 in May.
The cure/default ratio for June is 82.1%, with 16,816 cures and 20,489 new notices of default. Mays ratio was 88.8% and June 2012s was 70.8%.