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Items Tagged with 'Old Republic International'

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CFPB issues enforcement order against Republic Mortgage Insurance Corp.

Action stems from investigation into alleged kickbacks to lenders
Kerri Ann Panchuk
The CFPB takes aim at another mortgage insurer for paying alleged kickbacks to lenders in exchange for business referrals. The firm in question — Republic Mortgage Insurance Corp. — has faced a rough few years since falling under its regulator's supervision.
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Old Republic MI subsidiary aims to write new business again

Firm rolls out ambitious recapitalization plan, hopes to resolve issues with key regulators
Kerri Ann Panchuk
Old Republic International Corp. announced an ambitious recapitalization plan for its mortgage guaranty business, as the MI unit positions itself to re-enter the mortgage insurance market after years in flux.
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Old Republic's RFIG subsidiary sells off 20.6% stake

Kerri Ann Panchuk
Republic Financial Indemnity Group, a subsidiary of Old Republic International [stock ORI][/stock], became the latest company linked to mortgage insurance to restructure under the pressures of...
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Old Republic to merge mortgage, consumer credit insurance units

Andrew Scoggin
Old Republic International [stock ORI][/stock] plans to combine its struggling mortgage guaranty and consumer credit insurance divisions under one entity, the company said.The Chicago-based insurance group...
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