Private MI Losses Continue Piling Up in 2Q09 as Government Programs Claim Bigger Market Share
August 13, 2009
Under persistent heavy losses on their existing books of business, private mortgage insurers were shunted further from the more desirable, lower-risk market of 2009 during the second quarter, according to a new market analysis and ranking by Inside Mortgage Finance. The total volume of new mortgage originations covered by primary MI rose by... [Includes four charts]