Essent Group Ltd. is a holding company operating in the financial services sector, primarily focused on the mortgage insurance industry. The company provides private mortgage insurance, which protects lenders from financial loss when a borrower defaults on a mortgage loan. This insurance is crucial for enabling borrowers to obtain financing with lower down payments. Essent Group operates in the United States, where it is a significant player in the private mortgage insurance market. Its core business involves underwriting and managing mortgage credit risk for a diverse range of lenders, including banks, credit unions, and other mortgage originators. The company�s services help facilitate homeownership by mitigating risk for lenders, thereby expanding access to credit for consumers. Essent Group distinguishes itself through its underwriting expertise, risk management capabilities, and a technology-driven approach to its operations.
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