ESNT Essent Group Ltd.

Essent Announces Enhanced Integration with PMI Rate Pro to Support EssentEDGE Pricing

RADNOR, Pa.--(BUSINESS WIRE)--

Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI) and subsidiary of Essent Group Ltd. (NYSE: ESNT) announced today an enhanced integration with PMI Rate Pro, an innovator in MI pricing platforms, to now include ordering MI. This represents an improvement in efficiency and accessibility for our mutual customers and prospective homeowners.

“Essent is pleased to evolve our partnership with PMI Rate Pro in providing customers an improved, intuitive interface which supports EssentEDGE, our proprietary next generation risk assessment and MI pricing engine,” said Kendra Placek, SVP of Operations at Essent. “We continue to be dedicated to providing streamlined access to our product offerings for customers and to working with mortgage technology providers focused on enabling a great mortgage experience for the borrower.”

Essent has partnered with PMI Rate Pro since 2020, working with them to build their product and platform into today’s feature rich offering which provides direct user access and seamless API integration with loan origination systems and pricing engines. This latest enhancement allows PMI Rate Pro customers to receive rate quotes, leverage risk allocation functionality and MI ordering directly without leaving PMI Rate Pro’s end-to-end API platform.

About PMI Rate Pro

PMI Rate Pro is a cutting-edge technology company hyper-focused on PMI. Our API first MI Pricing Engine delivers prices from all 6 MI providers across 5 standard insurance products, all with a single click of a button. The quotes can be displayed in order by best price, or in order based on our risk allocation algorithm. PMI Rate Pro has two products: MIQuote – Web application that quotes PMI and MIPrice- an end-to-end API product that allows mortgage software solutions to integrate once to get feature robust MI capabilities. .

About Essent

Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, “Essent”) which serves the housing finance industry by offering private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. Additional information regarding Essent may be found at .

Source: Essent Group Ltd.

EN
14/05/2024

Underlying

ESNTEssent Group Ltd.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Essent Group Ltd.

 PRESS RELEASE
Free
ESNT Essent Group Lt...

Essent Group Ltd. Announces Closing of $363.4 Million Reinsurance Tran...

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) announced that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $363.4 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in July 2023 through July 2024 from Radnor Re 2024-1 Ltd., a newly formed Bermuda special purpose insurer. Radnor Re 2024-1 Ltd. is not a subsidiary or an affiliate of Essent Group Ltd. Radnor Re 2024-1 Ltd. has funded its reinsurance obligations through the issuance of five classes of mortgage insurance-linked notes, with 10-year lega...

September 25, 2024 1 EN
 PRESS RELEASE
Free
ESNT Essent Group Lt...

Essent Group Ltd. Comments on Updates to Private Mortgage Insurer Elig...

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) reported today that Fannie Mae and Freddie Mac (the “GSEs”), under the oversight of the Federal Housing Finance Authority (“FHFA”), issued updates to the Private Mortgage Insurer Eligibility Requirements (“PMIERs”) calculation of Available Assets and planned sunset of the use of the 0.3x Required Asset multiplier for loans in a COVID forbearance plan. The updated PMIERs Available Asset requirements are subject to a phased-in implementation, will have no impact on Essent’s Available Assets or sufficiency ratio until March 31,...

August 21, 2024 1 EN
Free Trial
ESNT Essent Group Lt...

Essent Group Ltd: 1 director

A director at Essent Group Ltd sold 5,000 shares at 58.810USD and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly...

ESNT ESSENT GROUP LTD.
08/09/24 August 9, 2024 1 EN
 PRESS RELEASE
Free
ESNT Essent Group Lt...

Essent Group Ltd. Announces Second Quarter 2024 Results and Declares Q...

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended June 30, 2024 of $203.6 million or $1.91 per diluted share, compared to $172.2 million or $1.61 per diluted share for the quarter ended June 30, 2023. Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.28 per common share. The dividend is payable on September 10, 2024, to shareholders of record on August 30, 2024. “We are pleased with our financial results in the second quarter, as our high-quality portfolio and resilience in ...

August 2, 2024 1 EN
 PRESS RELEASE
Free
ESNT Essent Group Lt...

Essent Group Ltd. Schedules Second Quarter Earnings Conference Call fo...

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today announced that it will hold a conference call on Friday, August 2, 2024, at 10:00 a.m. Eastern Time to discuss the Company’s second quarter 2024 results, which will be announced prior to the market open on the same day. The conference call will be broadcast live over the Internet at . The call may also be accessed by dialing 888-330-2384 inside the U.S., or 240-789-2701 for international callers, using passcode 9824537 or by referencing Essent. A replay of the webcast will be available on the Essent website approxima...

July 12, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch