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» Private MIs Shared More Premiums With Lender Captives in 2007; Risk-Sharing Starts Paying Off
Private MIs Shared More Premiums With Lender Captives in 2007; Risk-Sharing Starts Paying Off
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Private mortgage insurers ceded a record $928.2 million of MI premiums to captive reinsurance units sponsored by their mortgage lender customers in 2007, up nearly 20 percent from the level of premiums shared the year before... [Includes one chart]