Essent Group to acquire Agents National Title and Boston National Holdings from Finance of America Companies for $100m.

Essent Group, a holding company, agreed to acquire bank holding and financial services companies Agents National Title and Boston National Holdings from Finance of America Companies, a consumer lending company, for $100m. “Title insurance is a natural complement to our MI business with relatively low and stable loss ratios historically. The acquisitions of Agents National Title and Boston National Title add a team of seasoned title professionals to Essent and provide a platform to leverage our capital position, lender network and operational expertise across an adjacent real estate sector as we continue to expand our franchise," Mark Casale, Essent Chairman and CEO.