RMIC protects residential property lenders from losses due to first mortgage defaults. Since its beginning in 1972, RMIC has typically insured home loans for purchasing or refinancing when the amount borrowed exceeded 80% of the property's value. In 2011, following the 2007–2008 global financial crisis, RMIC shifted into runoff operating mode.

Since discontinuing writing new insurance, RMIC continues to support customers and our in-force book of policies. We continue to maintain all systems, processes and contact points for policy servicing, loss mitigation and claims operations.

2024 Acquisition

RMIC was acquired by Arch U.S. MI Holdings, a wholly owned subsidiary of Arch Capital Group Ltd., on June 03, 2024.

About Arch MI

Arch MI, a wholly owned subsidiary of Arch Capital Group Ltd., is a leading provider of private insurance covering mortgage credit risk in the U.S. Headquartered in Greensboro, North Carolina, Arch MI’s mission is to protect lenders against credit risk while extending the possibility of responsible home ownership to qualified borrowers. Arch MI’s flagship mortgage insurer, Arch Mortgage Insurance Company, is licensed to write mortgage insurance in all 50 states, the District of Columbia and Puerto Rico. For more information, visit archmi.com.

About Arch Capital Group Ltd.

Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda-exempted company with approximately $18.0 billion in capital at Sept. 30, 2023. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.

Republic Mortgage Insurance Company
101 North Cherry Street, Ste. 101
Winston-Salem, NC 27101
800-999-RMIC (7642)