Private MIs Recouped Benefits from Lender-Sponsored Captive Reinsurance Units in 2008
April 23, 2009
Private mortgage insurers were able to realize significant benefits from the reinsurance arrangements they have maintained with large mortgage bankers over the past several years, according to a new analysis by Inside Mortgage Profitability, an affiliated newsletter.The seven private MIs continued to send a significant stream of insurance premiums... [Includes one chart and one graph]