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Stock prices for the four stand-alone MI companies have declined significantly since the start of May.
May 13 -
After massive fundraises and IPO rumors swirled, the originator and servicer announced it will merge with Aurora Acquisition Corp. and go public in the fourth quarter of 2021.
May 11 -
United Wholesale Mortgage set off a brawl in the press when it forbade brokers from doing business with Rocket and Fairway. As a small group of brokers pursue legal action over the ultimatum, experts weigh in on whether the spat is benefiting the wholesale channel.
May 5 -
After the spinoff and a concurrent private sale to Bayview Asset Management, Genworth Financial will still own 80% of the rebranded Enact.
May 4 -
The mortgage insurance business had adjusted operating income of $126 million in the first quarter, down from $148 million one year ago.
April 30 -
A private equity capital raise earlier this year gave the company a $3.3 billion valuation.
April 16 -
The REIT is planning its own stock sale to pay for the all-cash purchase from Lone Star Funds.
April 14 -
The digital lender’s valuation ballooned to $6 billion from $4 billion less than five months after closing a $200 million fundraise.
April 8 -
The inevitable cancellation of the takeover transaction by China Oceanwide means Genworth will be spinning out a portion of its U.S. mortgage insurance business.
April 6 -
The forward and reverse mortgage lender completed its merger with blank check company Replay Acquisition Corp. on April 1.
April 5