U.S. mortgage insurer Radian has acquired Inigo, a Lloyd’s specialty insurer, according to an announcement on Thursday. Radian has agreed to pay $1.7 billion for Inigo. The transaction will primarily be all-cash, which Radian said will be funded from its available liquidity sources and excess capital from its subsidiaries. According to the release, this $1.7 […]
Radian acquires specialty insurer Inigo for $1.7 billion Read More »
The Trump administration asked the Supreme Court on Thursday to issue an emergency order that would allow for the removal of Lisa Cook from the Federal Reserve’s board of governors. The move came after an appeals court refused to back the administration’s attempt to oust Cook earlier this week, upholding federal Judge Jia Cobb’s order last
Trump asks Supreme Court to uphold firing of Fed governor Cook Read More »
The Michigan State Housing Development Authority (MSHDA) announced on Thursday that it is partnering with the Tobias Harris Homeownership Initiative, Guild Mortgage and Homium on a pilot shared-appreciation mortgage program aimed at expanding access to homeownership in Detroit. The effort is backed by Detroit Pistons basketball player Tobias Harris. The mortgage product will provide qualified
Detroit’s new 40% down payment assistance program Read More »