Financial Performance - Net income decreased from $195.3 million in 2Q25 to $164.2 million in 3Q25[5] - Annualized Return on Equity (ROE) decreased from 13.8% in 2Q25 to 11.5% in 3Q25[5] - Shareholders' equity remained constant at $5.7 billion in both 2Q25 and 3Q25[5] - The combined ratio for the Mortgage Insurance segment increased from 22.1% in 2Q25 to 33.9% in 3Q25[5] - Book value per share grew to $58.86 as of September 2025, with an annualized growth rate of 18.1% since December 31, 2013[10] Portfolio and Risk Management - Insurance In Force (IIF) increased from $246.8 billion in 2Q25 to $248.8 billion in 3Q25[5] - New Insurance Written (NIW) slightly decreased from $12.5 billion in 2Q25 to $12.2 billion in 3Q25[5] - Portfolio default rate increased from 2.12% in 2Q25 to 2.29% in 3Q25[5] - 97% of the Insurance In Force (IIF) is subject to reinsurance protection as of September 30, 2025[5, 32, 35] Capital and Liquidity - PMIERs Sufficiency Ratio was 177% in 3Q25[5] - Risk-to-Capital Ratio improved from 9.2:1 in 2Q25 to 8.9:1 in 3Q25[5] - The company has $5.7 billion in GAAP Equity as of September 30, 2025[34] - Available liquidity at the holding companies is $1.0 billion, with an additional $500 million in undrawn capacity with the credit facility as of September 30, 2025[34]

Core Viewpoint - Essent Group Ltd. reported a net income of $164.2 million for Q3 2025, reflecting a slight decrease from $176.2 million in Q3 2024, while also announcing a quarterly cash dividend of $0.31 per share [1][2]. Financial Performance - Net income for the quarter ended September 30, 2025, was $164.2 million or $1.67 per diluted share, compared to $176.2 million or $1.65 per diluted share for the same quarter in 2024 [1][11]. - Total revenues for Q3 2025 were $311.8 million, down from $316.6 million in Q3 2024 [11][12]. - Net investment income for the nine months ended September 30, 2025, was $177.3 million, up 7% from the same period in 2024 [8]. Insurance Metrics - New insurance written for Q3 2025 was $12.2 billion, a decrease from $12.5 billion in Q2 2025 and Q3 2024 [8]. - Insurance in force as of September 30, 2025, was $248.8 billion, compared to $246.8 billion as of June 30, 2025, and $243.0 billion as of September 30, 2024 [8][20]. - The company reported a weighted average credit score of 746 for its insurance portfolio as of September 30, 2025 [26]. Shareholder Returns - The Board of Directors declared a quarterly cash dividend of $0.31 per common share, payable on December 10, 2025, to shareholders of record on December 1, 2025 [1][2]. - Year-to-date through October 31, 2025, Essent repurchased 8.7 million common shares for $501 million, with a new $500 million share repurchase authorization approved for execution through year-end 2027 [8]. Ratings and Outlook - Moody's Ratings upgraded the insurance financial strength rating of Essent Guaranty, Inc. to A2 from A3 and the senior unsecured debt rating of Essent Group Ltd. to Baa2 from Baa3, with a stable outlook [8].

Core Insights - Fathom Holdings Inc. has expanded its subsidiary Verus Title's operations into Arizona and Alabama, enhancing its national growth strategy and service reach [1][2] - Verus Title now operates in 34 states and the District of Columbia, reinforcing its position as a trusted partner in real estate settlements and title services [1][2] Company Expansion - The entry into Arizona and Alabama is seen as a significant milestone for Verus Title, allowing the company to provide title and settlement expertise to a broader client base [2] - This expansion aligns with Fathom's commitment to delivering a consistent, end-to-end process for clients across the nation [2] Service Innovation - Verus Title is recognized for its personalized customer service, leveraging technology to enhance the efficiency and transparency of the title and settlement process [2][3] - The company aims to make the title and settlement experience seamless for clients nationwide through its innovative approach [2][3] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates various services, including residential brokerage, mortgage, title, and SaaS offerings [4] - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title, showcasing its diverse service portfolio [4]

Financial Performance - Essent Group Ltd reported net income of $195.3 million for 2Q25, compared to $175.4 million in 1Q25[5] - The annualized Return on Equity (ROE) increased to 13.8% in 2Q25 from 12.5% in 1Q25[5] - The combined ratio for the U S Mortgage Insurance portfolio improved to 22.1% in 2Q25 from 31.8% in 1Q25[5] - The book value per share has grown at an annualized rate of 18.2% since December 31, 2013, reaching $56.98 as of June 2025[9] Portfolio and Risk Management - The U S Mortgage Insurance In Force (IIF) reached $246.8 billion in 2Q25, up from $244.7 billion in 1Q25[5] - New Insurance Written (NIW) increased to $12.5 billion in 2Q25 from $9.9 billion in 1Q25[5] - The portfolio default rate decreased slightly to 2.12% in 2Q25 from 2.19% in 1Q25[5] - 97% of the Insurance In Force (IIF) is subject to reinsurance protection as of June 30, 2025[5,30,33] Capital and Liquidity - Shareholders' equity remained stable at $5.7 billion in both 1Q25 and 2Q25[5] - The company has ample liquidity, with $1.0 billion in cash and investments available for sale at the holding companies[32] - The PMIERs sufficiency ratio was 176% in 2Q25, compared to 172% in 1Q25[5]

Financial Performance - Net income for 1Q25 was $1754 million, compared to $1679 million in 4Q24[5] - Annualized ROE increased to 125% in 1Q25 from 119% in 4Q24[5] - Shareholders' equity reached $57 billion in 1Q25, up from $56 billion in 4Q24[5] - The combined ratio improved to 318% in 1Q25 from 338% in 4Q24[5] - Book value per share grew to $5522 in Mar-25, with an annualized growth rate of 183% since December 31, 2013[11] Portfolio and Risk Management - U S Mortgage Insurance In Force (IIF) increased to $2447 billion in 1Q25 from $2436 billion in 4Q24[5] - New Insurance Written (NIW) was $99 billion in 1Q25, compared to $122 billion in 4Q24[5] - The portfolio default rate decreased to 219% in 1Q25 from 227% in 4Q24[6] - 97% of IIF is subject to reinsurance protection as of March 31, 2025[6,33,36] - Risk-to-capital ratio improved to 96:1 in 1Q25 from 98:1 in 4Q24[6] Capital Distribution - The company repurchased 39 million common shares for $218 million year-to-date through April 30th[9] - A quarterly dividend of $031 per common share was approved for 2Q25[9]