Kevin D. Schneider, president of U.S. mortgage insurance for Genworth Financial, has been elected president of the Mortgage Insurance Companies of America.Mr. Schneider succeeds L. Stephen Smith, chairman and chief executive officer of PMI Mortgage Insurance Co., who will remain a member of the association's executive committee. Serving as MICA vice president and secretary/treasurer will be Christopher S. Nard, president and chief executive officer of Republic Mortgage Insurance Co., Winston-Salem, N.C. MICA can be found on the Web at http://www.micanews.com.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
2h ago -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
6h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
6h ago -
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18









