PMI

The Federal Housing Administration should look to private mortgage insurance companies as a model for how to standardize the claim review process.

The president and founder of a now-defunct Massachusetts-based mortgage company was charged with defrauding Ginnie Mae to the tune of $3 million.

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.

Essent Group reported higher net income for the second quarter of 2016 as the company wrote more insurance year-over-year.

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.

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.

MGIC Investment Corp. has begun a public offering of $350 million in senior notes.