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Home » Store » Taxable » Reporting of ‘Bulk’ Transactions Throws 1st Quarter Private MI Derby into Turmoil

Reporting of ‘Bulk’ Transactions Throws 1st Quarter Private MI Derby into Turmoil

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The emergence of the so-called bulk private mortgage insurance business has thrown a monkey wrench into the comparative ranking of the seven competitors in the MI market. GE Mortgage Insurance this week reported a revised figure for net new insurance written for the first quarter: $8.51 billion. The revised number put the company in second place in new business for the first quarter,
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