Private Mortgage Insurers Transfer Risk on $2.8T of Coverage

The U.S. Mortgage Insurers (USMI), which is the trade association representing the nation’s leading private mortgage insurance companies, has announced the industry has transferred more than $55 billion in risk on nearly $2.8 trillion of insurance-in-force from 2015-2021.   This use of MI credit risk transfer (MI-CRT) reduced volatility in the business and brought more …

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Source: DS News

2022-05-25T15:54:27-06:00