HAMILTON, Bermuda--(BUSINESS WIRE)--Essent Group Ltd. (NYSE: ESNT) announced today that Adolfo Marzol has resigned from its Board of Directors, effective May 6, 2017. His resignation follows his appointment as Senior Advisor to Dr. Ben Carson, United States Secretary of Housing and Urban Development.
“On behalf of the Board, I want to wish Adolfo well in his new role,” said Mark A. Casale, Chairman and CEO. “Adolfo has been a valued member of Essent and brings with him many years of experience and a deep understanding of U.S. housing finance.”
“I am looking forward to my new role in support of Secretary Carson and the Department of Housing and Urban Development,” said Mr. Marzol. “I am thankful for the opportunity to have been associated with Essent as well as to now serve our nation in this role.”
About the Company
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, “Essent”) which, through its wholly-owned subsidiary Essent Guaranty, Inc., offers private mortgage insurance for single-family mortgage loans in the United States. Essent provides private capital to mitigate mortgage credit risk, allowing lenders to make additional mortgage financing available to prospective homeowners. Headquartered in Radnor, Pennsylvania, Essent Guaranty, Inc. is licensed to write mortgage insurance in all 50 states and the District of Columbia, and is approved by Fannie Mae and Freddie Mac. Essent also offers mortgage-related insurance, reinsurance and advisory services through its Bermuda-based subsidiary, Essent Reinsurance Ltd. Additional information regarding Essent may be found at www.essentgroup.com and www.essent.us.
Source: Essent Group Ltd.