Items Tagged with 'Arch MI'

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From HW Magazine

Hot Seat: David Gansberg of Arch MI

The benefits of a dynamic MI pricing solution in a rising interest rate environment
With interest rates rising, being able to price MI more precisely gives lenders a significant competitive edge in the this market. For eligible borrowers, RateStar can mean more affordable mortgages with lower monthly payments overall. Millennials will also appreciate how this technology facilitates a personalized evaluation of the risk represented by their individual loan scenarios.
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From HW Magazine

2017 HW Tech100 Winner: Arch MI

RateStar solution offers greater precision in MI pricing
RateStar, which is available on all devices, provides greater precision in MI pricing, enabling lenders to compete more effectively and offer more affordable mortgages to eligible borrowers. For borrowers, RateStar can mean lower monthly payments.
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Arch MI finishes off 2016 with a boom

Mortgage insurance increases more than 50%
Arch MI’s strong third quarter results carried into the fourth quarter as the company finished the year off strong. Arch increased its mortgage insurance written just slightly from the previous quarter and by more than 50% from the prior year.
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S&P: Private mortgage insurance all set for another banner year

The good times won't stop there, either
Why such an upbeat outlook? Well, troubled vintages are winding down in an orderly fashion. Also, recent mortgages are comparatively high credit in terms of underlying quality. And it’s not just for 2017, as S&P predicts private mortgage insurers are set to enjoy robust earnings over the next few years. But, here's the catch.
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Done deal: AIG finalizes sale of United Guaranty to Arch Capital Group

Initial reports placed sale price at $3.4 billion
American International Group officially closed the sale of its mortgage-guaranty unit United Guaranty to Arch Capital Group on Dec. 31, 2016, the companies announced Tuesday morning. Initial reports of the deal placed the sale price of United Guaranty at approximately $3.4 billion, but the companies did not disclose a final sale price.
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Radian, Arch MI 3Q results are in and they look good

Volume hits new record
Results for the third quarter of 2016 continue to pour in for the mortgage industry. The latest on the ticket are mortgage insurance companies Arch MI and Radian. The results from both company share a common theme: the mortgage insurance business is booming.
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Arch MI launches Road to Homeownership toolkit

Designed to help lenders attract first-time homebuyer business
Arch MI's toolkit includes a customizable PowerPoint presentation outlining the mortgage process, interactive worksheets to calculate their financial eligibility and budget for a future home. “Our Roadmap to Homeownership enables lenders to reach out to, educate and encourage this audience by setting up their own home-buying seminar using the toolkit’s materials,” said Leslie Gibin, Arch MI’s vice president for client risk management.
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The 8 states most at risk of a housing crisis

Oil and gas producing states rank high in riskiest states for consumers, lenders
The plummeting price of oil puts some states at a much higher risk of a housing crisis, a new report from Arch MI found. Arch MI’s report found that the eight states in the “Energy Patch,” which are states that produce coal, oil or gas, are the most at risk of seeing a price decline in the next two years.
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