Finance of America (FOA) indirect subsidiary Incenter is selling its title insurance businesses, according to an announcement made on Thursday.
Incenter has entered into an agreement with a wholly owned subsidiary of Essent Group Ltd. to sell the issued and outstanding shares of Agents National Title Holding Company (ANTIC) and the issues and outstanding membership interest of Boston National Holding LLC (BNT) — as well as the direct subsidiaries of ANTIC and BNT — for a price of $100 million, according to its filing with the U.S. Securities and Exchange Commission (SEC).
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