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National MI Named to San Francisco Business Times'

National MI Named to San Francisco Business Times'
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.

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Arch MI Secures Over $643 Million of Indemnity Reinsurance through Bellemeade Re Insurance-Linked Note Transaction and Related Reinsurance

Arch MI Secures Over $643 Million of Indemnity Reinsurance through Bellemeade Re Insurance-Linked Note Transaction and Related Reinsurance
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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MCT Bolsters MSR Division with Hire of David Burruss to Address Demand for MSR Services

SAN DIEGO, Calif., Jan 19, 2021 (SEND2PRESS NEWSWIRE) MCT® announced that David Burress has joined the company in the position of MSR Sales Director, directly addressing the increase in market demand for MCT’s MSR products. The hiring of Mr. Burruss ensures MCT can continue serving the needs of their MSR clients to define borrower recapture and the effect on MSR hedges, as well as determining fair value and properly incorporating it in MSR valuations. As Director of MSR Sales, David is responsible for marketing outreach and acquisition of new customers.
“We are thrilled to have David joining the MSR division and anticipate he will continue to help expand the business and identify growth opportunities,” said Tom Farmer, Managing Director of National Sales. “David’s strong industry experience and client-centric focus fits perfectly with the MCT DNA.” ....

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Arch MI Secures Over $337 Million of Indemnity Reinsurance through Bellemeade Re Insurance-Linked Note Transaction and Related Reinsurance

Press release content from Business Wire. The AP news staff was not involved in its creation.
Arch MI Secures Over $337 Million of Indemnity Reinsurance through Bellemeade Re Insurance-Linked Note Transaction and Related Reinsurance
December 22, 2020 GMT
GREENSBORO, N.C. (BUSINESS WIRE) Dec 22, 2020
Arch Mortgage Insurance Company (Arch MI) announced that it has obtained over $337 million of indemnity reinsurance on a pool representing approximately $33.3 billion of mortgages from Bellemeade Re 2020-4 Ltd., a special purpose reinsurer. The coverage was obtained by issuing approximately $321 million in bonds and $16 million in direct reinsurance. This transaction largely covers the same portfolio of MI policies as Bellemeade Re 2020-1 Ltd., which were issued by Arch MI and affiliates primarily in the second half of 2019. ....

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Arch completes significant mortgage risk transfer through Bellemeade R

17-12-2015
Arch Capital’s mortgage arm has completed a large reinsurance deal with Bermuda-based special purpose reinsurer Bellemeade Re 2020-4 – the latest of a serious of pioneering deals this year.
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Jim Bennison , Arch Mortgage Insurance Company , Arch Capital , Mortgage Insurance Company , Mortgage Insurance Linked Note , ஜிம் பென்னிசன் , வளைவு அடமானம் காப்பீடு நிறுவனம் , வளைவு மூலதனம் , அடமானம் காப்பீடு நிறுவனம் , அடமானம் காப்பீடு இணைக்கப்பட்டுள்ளது குறிப்பு ,