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Home » Store » News » GE Insurance Unit Offers Job Loss Program for Prime Servicers to Sell

GE Insurance Unit Offers Job Loss Program for Prime Servicers to Sell

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Mortgage credit insurance has been pilloried by regulators and consumer advocates during the national campaign to address predatory lending activities, but some mainstream industry players think the concept can still be useful for borrowers and lenders. GE Casualty Insurance, an affiliate of the private MI, has rolled out its Job Loss Mortgage Payment Protection plan for borrowers concerned about making loan payments if they become unemployed.
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