June 9, 2020
Genworth MI Canada Inc, which runs the largest Canadian private residential mortgage insurer, said on Monday it has no plans to change its underwriting policy for debt service ratio limits, minimum credit score and downpayment requirements. Government-backed Canada Mortgage and …
September 26, 2016
Mortgage insurance companies are getting a long-awaited shot at expanding their business with Fannie Mae and Freddie Mac. But it’s shaping up to be less lucrative than they had hoped. Freddie Mac on Monday planned to say it will start …
May 23, 2016
Essent Group Ltd. may have an opportunity to buy Radian Group Inc., the rival mortgage insurer whose chief executive officer is stepping down, an analyst at BTIG LLC said. “Radian has no clear successor,” for S.A. Ibrahim, who said last …
March 11, 2014
Six U.S. mortgage insurers, including units of Radian Group Inc. and Genworth Financial Inc., formed a lobbying association to push for a broader role for the industry in a revamped housing-finance system. The organization, U.S. Mortgage Insurers, will work to …
October 21, 2013
NMI Holdings Inc., the mortgage guarantor backed by Kyle Bass, Carlyle Group LP and BlueMountain Capital Management LLC, is seeking to be the first U.S. insurer since 2009 to file an initial public offering without posting a profit, as demand …