PMI

The parties are looking at having the deal done by the end of 2020, once China's currency regulator agrees to the transfer of funds.

Rick Thornberry discusses the company's third-quarter results and the decision to drop traditional appraisals.

With the 10-year Treasury yield getting a boost due to Pfizer’s COVID-19 vaccine news this week, KBW predicts insurers and title underwriters will fare best as recovery continues.

For most of the underwriters it was a strong quarter, but concerns remain over government-sponsored enterprise reform and potential claims after forbearances end.

First American Financial, Old Republic, Stewart reveal how the third-quarter results point their way forward.

China Oceanwide said it was not able to meet with Hony Capital to finalize the terms and conditions because of the pandemic.

Neither side opted to invoke their Aug. 31 termination rights and the deal is set to close by the end of September.

Arch's second CRT transaction this year to obtain indemnity reinsurance for mortgage-insurance premiums comes at a time it is also experiencing rising 60-plus-day delinquencies on its outstanding securitized pools.

Most of the proceeds will be used to deal with debt maturities, with the rest held by the MI unit's parent.

“They are willing to play this to the end, one way or the other.”