The devil is in the mortgage finance reform details

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
W S
Servicing / The Ticker

Private mortgage insurers start new trade group

Dedicate themselves to the return of private capital

dollar zoomed in
/ Print / Reprints /
| Share More
/ Text Size+

Executives from private mortgage insurers Arch MI, Essent, Genworth Financial, MGIC (MGIC), National MI and Radian (RDN) are launching a new trade association dedicated to a private-funded housing finance system.

The United States Mortgage Insurers will be backed by private capital that "enables access to housing finance for borrowers while protecting taxpayers," the executives said in an email.

The new organization will be officially launched on March 10, with details provided during a conference call.

Here are those executives who will make the announcement on Monday.

·         Teresa Bryce Bazemore — President, Radian Guaranty

·         David Gansberg  President and CEO, Arch MI

·         Rohit Gupta — President and CEO, U.S. Mortgage Insurance at Genworth Financial

·         Adolfo Marzol — Executive Vice Chairman, Essent

·         Patrick Mathis — Executive Vice President, Chief Risk Officer, NMI 

·         Patrick Sinks — President and Chief Operating Officer, MGIC

Recent Articles by Jacob Gaffney

Comments powered by Disqus