It’s Business as Usual for Genworth After Canadian Rule Change for Mortgage Insurance June 9, 2020 Genworth MI Canada Inc, which runs the largest Canadian private residential mortgage insurer, said on Monday it has no plans...
Genworth to Sell Stake in Canada Mortgage Unit to Push China Deal August 13, 2019 By Divya Balji, Katherine Chiglinsky and Doug Alexander Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as...
Arch Promotes Executives to Innovation, Mortgage Insurance Leadership Roles March 4, 2019 Arch Capital Group Ltd. said it has made some strategic leadership changes affecting innovation and investment, and mortgage insurance. The...
Federal Housing Agency to Lower Mortgage Insurance Premiums January 10, 2017 By Richard Leong The U.S. Federal Housing Administration will reduce the annual premiums on mortgage insurance on home loans the agency insures by...
Private Mortgage Insurers’ Bigger Slice of Freddie Mac Pie Smaller Than Hoped September 26, 2016 By Matt Scully and Joe Light Mortgage insurance companies are getting a long-awaited shot at expanding their business with Fannie Mae and Freddie Mac. But it’s...
Canada’s Regulator Tightens Capital Requirements for Mortgage Insurers September 23, 2016 By Theophilos Argitis Canada’s financial services regulator released new draft capital requirements for federally regulated mortgage insurers to better reflect growing risks in...
JLT Re Enters U.S Mortgage Insurance Market May 5, 2016 Reinsurance broker JLT Re has launched a new operation in North America – JLT Re Global Mortgage Solutions — to...
New Force-Placed Insurance Rules Prompt $100 Million Agency Sale August 4, 2014 By Jeff Horwitz One of the country’s largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a...
Insurers Could Face Suits Over Fannie-Freddie Insurance Prices June 25, 2014 By Clea Benson The regulator of Fannie Mae and Freddie Mac will consider suing insurers who charged excessive fees for hazard coverage paid...
Fairholme Offers to Buy Fannie Mae, Freddie Mac Mortgage Insurance Business November 14, 2013 Fairholme Capital Management has proposed to buy the insurance businesses of Fannie Mae and Freddie Mac, a move that seeks...