Arch MI set to purchase $1bn Old Republic mortgage portfolio
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Arch MI set to purchase $1bn Old Republic mortgage portfolio

Rachel Dalton
November 13, 2023
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Arch MI, the mortgage insurance arm of Arch Capital, has agreed to acquire RMIC Companies and its subsidiaries, which comprise the run-off mortgage business of Old Republic International Corporation.

The transaction will transfer RMIC’s $1bn risk in force (RIF) portfolio into Arch MI’s US primary mortgage portfolio, which currently has an RIF of $75.9bn.

The

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Topics

News Arch Capital M&A Mortgage
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Rachel Dalton
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