Underwriting

Arch U.S. MI's acquisition of United Guaranty Corp. will make one of the smallest private mortgage insurers the sector's new market leader. While the move is likely to ease pricing competition among the six remaining players, it's not expected to set off a wave of further consolidation.

American International Group. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders.

American International Group Inc. is in talks to sell its mortgage insurer, United Guaranty Corp., to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to shareholders, according to a person familiar with the matter.

Title insurer operating revenue will end 2016 flat to slightly down as a modest increase in interest rates should dampen purchase and refinance transactions, a report from Fitch Ratings said.

United Community and Wells Fargo are among the banks building platforms to lend to senior-care facilities. Demographics suggest the business should grow significantly in coming years.

New Residential Investment Corp. has priced a public common stock offering whose proceeds will be used to acquire mortgage servicing rights from Walter Investment Management Corp.

The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act’s “good neighbor” policy can continue.

Mortgage rates were little changed from the previous week as they rose two basis points on better-than-expected economic news, according to Freddie Mac.

Freddie Mac has released a new online tool for lenders that determines whether a borrower's income qualifies them for a low down payment mortgage on a particular property.

Regions Financial Corp., Alabama's biggest bank, reached a preliminary agreement with the Department of Justice to resolve an investigation into allegations involving Federal Housing Administration-insured loans.