Capital Mortgage Insurance Final Paper

In: Business and Management

Submitted By egham3
Words 1587
Pages 7
Negotiations 246 | |
|Capital Mortgage Insurance |
|Group Position Paper 1 |
| |
|Arin Halicki |
|Amit Shah |
|Helen Kim |
|Satish Ramachandran |
| |
|10/31/08 |

Overview

Capital Mortgage Insurance Corporation (CMI) sells insurance to lenders protecting against mortgage default losses. They are a wholly owned subsidiary of Northwest Equipment Corporation. Following their acquisition in 1978, CMI’s goal has been to rebuild their business and diversify their services.

The Senior VP and Treasurer at CMI, Jim Dolan, discovered that corporate employee transfers will be a source of stable business and profitability for a long time to come (Lewicki 577). Merrill Lynch (ML) holds the lion’s share of the relocation services market. In alignment with their vision of growth and diversification, CMI sees value in entering the relocation services market. Entry could round out their…...

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