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.

Genworth Financial is looking at separating its mortgage insurance business from its life insurance line after it does the same for its long-term care insurance unit.

NMI Holdings reported second-quarter net income of $2 million, making it the first time the company founded in 2012 has ended a period in the black.

Home prices continued their upward climb in June as properties at the lower end experienced higher levels of appreciation, according to CoreLogic.

Greenlight Capital Re Ltd., the reinsurer seeking to reverse underwriting losses, is pushing into the mortgage guaranty market after being burned by fraudulent claims on property policies in Florida.

Lending standards for most business and residential real estate loans as well as subprime consumer loans are tighter than the 10-year average, according to a survey of senior bank loan officers released by the Federal Reserve Board.

Home sales rose to their highest level since the financial crisis last week. While that's a good sign, full recovery is going to take a long time. Here's why.

The Consumer Financial Protection Bureau's proposal Friday updating its mortgage disclosure rule did not give lenders what they wanted: an ability to correct errors after a loan has closed and a release from liability for technical violations. But the 293-page proposal did provide revisions that will help in compliance and the closing of more loans.

TFS Financial in Cleveland posted a double-digit profit increase in the quarter that ended June 30 thanks to a combination of improved credit quality and lower expenses.

Loan application defect risk continued its downward slide in June, according to First American Financial Corp.

The CFPB updated its "Know Before You Owe" mortgage disclosure rule to provide more clarity to lenders. It has proposed additional tolerance provisions, clarified a partial exemption for housing finance agencies, extended the rule's coverage to all cooperative units, and provided more clarity about privacy and the sharing of information.