Arch MI is at the vanguard of an evolving MI industry to meet the needs of the changing mortgage market, and in today’s episode of Lykken on Lending we’ll look as some of the latest MI product and pricing trends and their impact on the mortgage industry.
Our guest in the Hot Topic segment this week is David Gansberg who serves as President and Chief Executive Officer of Arch Capital Group, Ltd.’s (ACGL) U.S. mortgage insurance operation (Arch MI).
Mr. Gansberg has held this position since Arch MI was launched in January 2014, following ACGL’s acquisition of CMG MI and certain assets of PMI Mortgage Insurance Company. Mr. Gansberg was active in the acquisition and led the effort to obtain approval of the company as an eligible mortgage insurer from Fannie Mae and Freddie Mac. He has since led the development of Arch MI into a leader in the private mortgage insurance market.
Read David Gansberg’s Full Bio Here
Topics Covered in this Episode:
- Innovation in the Mortgage Insurance Industry – AMGC Community Program
- Risk-Based Pricing
- RateStar Buydown to Customize Borrower’s Monthly MI Payments
- The Trend of Decreasing MI Pricing
- Complex MI underwriting issues made easy – Get expertise from the ASK Center Team
- Mortgage risk transfer and bringing private capital into the U.S. mortgage marketplace
As usual, the first half of the program will feature Les Parker’s Market-Logics Live, a macroeconomic perspective on the economy with a music parody and then Joe Farr providing you a rate & market update. Next is Alice Alvey of Union Home providing a regulatory & legislative update followed by Allen Pollack giving us a Tech Report of the latest technology impacting our industry. Then we wrap up the first half the program with Andy Schell, a/k/a “Profit Doctor” sharing ideas on how to improve your bottom line.
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