Friday, December 5, 2014

Essent Group Ltd.: Serving the Housing Finance Industry


Essent Group is a parent company of several businesses that offer mortgage insurance, reinsurance and risk management products. This holding company is based in Hamilton, Bermuda and offers its products to investors and mortgage lenders.

There are two principal subsidiaries of the company: Essent Reinsurance, Ltd. and Essent Guaranty, Inc. Through the private capital that they provide, mortgage lenders and investors are then able to provide homeowners mortgage financing that bears mortgage credit risks. The company primarily serves originators of residential mortgage loans. These entities include credit unions, mortgage banks, depository institutions and other forms of lenders. Essent continues to forge a strong relationship with its clients by delivering their products with world class customer service coupled with their strong capital position.

Essent is a publicly owned company with common stocks traded on the New York Stock Exchange. It conducts its business under the ticker symbol ESNT. The company was formed in 2008.

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