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Parent of National MI grows its leadership team

Housing Wire

Lesley Alli and Andrew Greenberg both joined NMI Holdings to serve as senior vice presidents, announced the parent company of National Mortgage Insurance Corporation Monday in a statement.

Investors 332
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Kensington Vanguard acquires Virginia title company

Housing Wire

” Originally from Wichita, Kansas, Niedens began her title insurance career in 1995 focused on servicing residential transactions. ” Kensington Vanguard National Land Services, founded in 2002, operates three divisions: commercial division, residential division, and the 1031 Exchange Division.

Retail 252
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Regions Bank places $1B bet on home renovation market

Housing Wire

The Salt Lake City-based lender says it’s worked with over 1 million homeowners since its founding in 2002 and funded $11.6 EnerBank funds most of its loans on its balance sheet through FDIC -insured brokered CDs; it also charges fees to the contractors. billion in home improvement projects.

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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. That is why the Bush administration endeavored to create 5.5

Legal 323
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Fannie Mae transfers $771 million in credit risk to private insurers

Housing Wire

Fannie Mae this week completed its first credit insurance risk transfer (CIRT) deal of the year as part of the agency’s ongoing efforts to share mortgage risk with the private sector. . The deal transferred millions of dollars of credit risk to a group of 22 private insurers and reinsurers. That credit risk is tied to a $26.1

Insurance 414
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Donald R. Horton, founder of the largest U.S. homebuilder, dies

Housing Wire

since 2002. Through its subsidiaries, the company offers mortgage financing, title services and insurance agency services. Over the years, he traveled extensively to its field operations, maintained a culture of family and care, and developed initiatives that focused on employees and their families, the company said. As a result, D.R.

Inventory 336
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Understanding Snow Removal Laws: A Helpful Reminder

Lamacchia Realty

Homeowners may want to check their insurance policies to make sure they have sufficient coverage. Jessica's Law Jessica’s Law was passed in 2002 after ice broke off a moving truck, hit a second truck, and caused it to crash into Jessica Smith’s vehicle, then 20 years old, killing her. Fines courtesy of Boston.gov.

Law 62