PMI

The domestic mortgage insurer could have a portion of its equity sold as an initial public offering if the China Oceanwide transaction were to be terminated.

A significant number of plans that expired at the end of June were not renewed, Black Knight said.

The mortgage insurer is receiving $528 million of coverage in the event of defaults in a $44 billion loan pool.

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.

If the transaction does not go through, Genworth is looking at reviving a spin-out of its U.S. mortgage insurance business.

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.

If delinquency rates rise, all four stand-alone firms would have a capital shortfall.

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.

Rick Thornberry is looking to the lessons from the Great Recession and applying them to current conditions.

Three of the four had fewer new notices of delinquency for the quarter, but that should change going forward.