ESNT
Essent Group Ltd.
September 30, 2026 · market open
- Rarity
- 3.07
- Peak move
- −8.74%
- Float cap
- $5.8B
Essent Group Ltd. serves the housing finance industry by providing private mortgage insurance and reinsurance, title insurance, and settlement services to mortgage lenders, borrowers, and investors. Through Essent Guaranty, it offers private mortgage insurance on U.S. residential first-lien loans and other credit risk management solutions. Its Reinsurance segment reinsures U.S. mortgage risk in the GSE credit risk transfer market and provides underwriting consulting services.
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What we found
6 events · 0 from SEC or newswire · 0 timed with the moveacquisition_acquirerNew York Life Investment Management announced plans to buy a majority interest in the corporate parent of Verus Mortgage Capital, as insurers move to add non-QM mortgages amid a more attractive rate environment.
- Key event
executive_remarkFHFA Director Bill Pulte said artificial intelligence will lower the cost of mortgage insurance and title insurance, and also reduce the cost of credit bureaus and credit scores.
macro_dataThe US 10-year Treasury yield rose to around 5.2%-5.29% in late September 2023, its highest since 2007, while the 30-year yield reached about 5.62%, its highest since 2002, amid hawkish Fed signals and strong PMI data.
- Key event
peer_disclosureRadian Guaranty, the mortgage insurance subsidiary of Radian Group, made its MI quotes available inside the Lender Price pricing platform, giving lenders and brokers access to Radian's RISK-based RADAR Rates model and traditional rate cards in the same workflow.
- Key event
notable_investor_commentMichael Burry said he sees signs of 'strain' in the U.S. housing market while keeping his Fannie Mae and Freddie Mac holdings; mortgage insurers fell in Tuesday afternoon trading — MGIC -4.6%, Radian -2.6%, Enact -2.2%, Essent Group -1.9%.
executive_remarkFed Governor Michael Barr said further policy adjustments are likely needed to control inflation and New York Fed President John Williams called another rate hike late this year reasonable, comments published Sept 28 that pushed October hike odds to roughly 64%.