Marc Grandisson, President and COO of ACGL, said “Our combined mortgage group looks forward to further strengthening its leadership position in the development of innovative products and services to meet the ever evolving needs of our clients and the housing finance system. Competitive MI pricing with RateStar ® and. AMGC Community programs allow 1 and even 0 down payments for eligible members gifts and grants are allowed. Manufactured homes, condos, co-ops, single-family and construction-to-perm are all eligible. Teams at Arch and UGC have been working together to ensure a smooth transition and successful integration of the companies’ combined operations over the past months. Products, solutions and resources to support affordable homeownership. Flexible Arch MI guidelines work with down payments as low as 3 gifts and grants are allowed. Rental AIA Architect newsletter archive Leadership speaking requests. mortgage insurance and housing finance markets.” in Architecture from Yale and an M.Arch from UCLA. private mortgage insurance industry with Arch’s financial strength.Ĭonstantine (Dinos) Iordanou, Chairman and CEO of ACGL, said “We are extremely pleased to complete this transaction, which will enable our company to continue to provide a strong and diversified source of private capital to the U.S. The acquisition of UGC will further expansion of Arch’s existing mortgage insurance businesses by combining UGC’s position as the market leader in the U.S. Housing and Housing Finance: US: Housing in flux as high rates, prices hit demand owners with low rates stay putMoodys Investors.
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