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FAR parent updates investors on AAG integration, business performance

Housing Wire

Last July, the company sold its title insurance business to Essent Group , followed by strategic changes in September including a transition of its offshore-based operations to a team in the Philippines and the sale of “certain operations” of its home improvement lending business to Aqua Finance.

Business 363
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Title insurer Doma forecasts profitability in 2023

Housing Wire

The stock price of Doma Holdings was down 29% on Friday afternoon after the title insurance company posted a $43.7 ” For all of 2021, Doma paid $55 million in customer acquisition costs and $130 million on other indirect costs, including corporate support, research and development and other operating costs. million from $143.5

Insurance 332
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Investors turn their eyes to affordable housing opportunities

Housing Wire

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift.

Investors 401
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US government to sell off $13B of mortgage bonds from failed banks Signature and SVB

Housing Wire

First reported this week by Bloomberg News , the bonds in question are part of $114 billion in assets the Federal Deposit Insurance Corporation (FDIC) recovered when it assumed control over both banks earlier in the year.

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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. Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation.

Investors 321
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The disruptive impact of big data on housing

Housing Wire

Consumers, real estate agents, investors, mortgage lenders, insurance companies and other financial institutions need accurate valuations to inform their immediate decisions about investing in real estate and underwriting property. Todd Teta – guest columnist March HW Magazine.

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HousingWire Annual: CoreLogic says climate change should be factored into financial analytics

Housing Wire

A number of players in the industry benefit from the risk data, including real estate investors who need additional insights to make informed decisions. This may give investors pause as to whether a particular real estate investment is a sound one. If adopted, the rule might have a ripple effect on housing agencies such as the U.S.