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Arch Capital had underwriting income of $37.8 million in its mortgage insurance segment, which includes its U.S. subsidiary and an international reinsurance business.
July 28 -
U.S. Mortgage Insurers has selected MGIC Chief Executive Patrick Sinks as its new chairman.
July 26 -
A private flood insurance bill passed by the House is making Fannie Mae and Freddie Mac uneasy because they fear it could lead to greater losses, according to a recent report by the Government Accountability Office.
July 20 -
MGIC Investment Corp. earned $109 million in the second quarter, as an income tax provision for the period cut into net income.
July 19 -
Now that privately insured credit unions finally can join the Federal Home Loan Bank System, will more federally insured state charters consider converting to private insurance?
July 13 -
Radian Guaranty has redeemed the $325 million surplus note due to its parent company, Radian Group Inc. in Philadelphia.
July 6 -
The Federal Housing Finance Agency has opened the door to experimenting with front-end credit risk transfer transactions, but it is not wide enough for some market players.
July 5 -
The Federal Housing Finance Agency is soliciting industry input on how to improve Fannie Mae and Freddie Mac's credit risk transfer transactions, for the first time considering front-end transactions rather than back-end deals.
June 29 -
Carrington Mortgage Services has added conventional loans to the portfolio of products offered by its wholesale lending division.
June 22 -
A Bipartisan Policy Center commission tasked with addressing the issues related to retirement security and savings that older Americans face called for the creation of a pool for low-dollar reverse mortgage loans.
June 10 -
There's not enough origination volume to sustain seven private mortgage insurers and the number of underwriters may need to shrink, warns MGIC CEO Patrick Sinks.
June 3 -
When the administration changes at the end of the year, the development of a single mortgage-backed security could suffer a setback, Mortgage Bankers Association CEO Dave Stevens said Wednesday.
June 1 -
Essent Group may have an opportunity to buy Radian Group, the rival mortgage insurer whose chief executive officer is stepping down.
May 19 -
Radian Group, the second-largest U.S. mortgage insurer, said Chief Executive Officer S.A. Ibrahim will step down at the end of next year after steering the company through the financial crisis as weaker rivals collapsed.
May 17 -
American International Group's mortgage insurance business has secured indemnity reinsurance coverage for a portfolio of policies from 2008 and earlier.
May 11 -
American International Group's mortgage insurer, United Guaranty Corp., is seeking to raise about $700 million to $800 million as it sells shares to the public, according to people familiar with the matter.
May 5 -
Mortgage insurer Essent Group reported higher net income for the first quarter of 2016 as premium growth outpaced rising expenses.
May 5 -
United Guaranty's pretax operating income of $163 million benefited from lower mortgage delinquency rates but a decline in refinance originations affected the amount of new insurance written.
May 3 -
The House passed a bill Thursday that would authorize state insurance commissioners to approve flood insurance policies for Fannie Mae, Freddie Mac and other federally backed mortgages.
April 28 -
Arch Capital had a 77% increase in the mortgage insurance segment's operating income, and its U.S. unit saw its new insurance written increase by 34%.
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