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The mortgage insurer is receiving $528 million of coverage in the event of defaults in a $44 billion loan pool.16m ago
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Mortgage insurers had been operating under the belief that rules pertaining to natural disaster delinquencies apply with COVID-19, but now it's in writing.July 1
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If the transaction does not go through, Genworth is looking at reviving a spin-out of its U.S. mortgage insurance business.June 30
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With the average borrower needing over two decades to save a 20% down payment for the median-priced home, private-mortgage-insured loans experienced major growth in 2019.June 22
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If delinquency rates rise, all four stand-alone firms would have a capital shortfall.June 9
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The company's pricing of its secondary stock option partially alleviated worries about the need to obtain new funds and the risk of dilution for existing shareholders.June 1
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Rick Thornberry is looking to the lessons from the Great Recession and applying them to current conditions.May 12
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Three of the four had fewer new notices of delinquency for the quarter, but that should change going forward.May 8
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But it is still looking to conserve capital to cover future delinquencies and will likely halt dividends to the parent company.May 6
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But Black Knight and Arch Capital's mortgage insurance business aren't as affected, at least so far.May 5
