Private mortgage insurers saw a decline in new business volume during the first three months of 2006 that mostly paralleled the overall shrinkage in the mortgage market, but the growing strength of the bulk MI market is significantly changing the industry’s pecking order. The seven private MIs reported a total of $62.53 billion of net new insurance written during the first quarter of this year, down 11.3 percent from the previous quarter. Total home loan… [Three data tables included]