Lender Captive MI Reinsurance Units Continued Shrinking in ‘10
April 1, 2011
Private mortgage insurers continued paying MI premiums to captive reinsurance entities sponsored by mortgage lenders in 2010, but the payment flow declined further in a business arrangement that is gradually winding down. A new Inside Mortgage Trends analysis of annual private MI regulatory filings reveals... [Includes one data chart and one graph]
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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