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Essent Group to acquire Title insurance operations from Finance of America
The Fly

Essent Group to acquire Title insurance operations from Finance of America

Essent Group (ESNT) has entered into an agreement through its subsidiary Essent US Holdings to acquire Agents National Title and Boston National Holdings from Incenter, a subsidiary of Finance of America (FOA) for $100M. Agents National Title, based in Missouri, is a title insurance underwriter with 44 state licenses, and issues title insurance products through a network of title insurance agents. Boston National Title is an independent title agency based in North Carolina that provides title and settlement services, with licenses in 40 states and the District of Columbia. The closing of this transaction is subject to regulatory approvals.

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