According to the Mortgage Insurance companies of America, the number of borrowers applying for private mortgage insurance (PMI), as well as the number of defaults, were down for the second consecutive month.
Click “read more” to view charts featuring a complete breakdown of PMI use over the last 12 months according to eight distinct categories.
The statistics in this report include data from the following member companies:
AIG United Guaranty
Genworth Mortgage Insurance Corporation
Mortgage Guaranty Insurance Corporation
PMI Mortgage Insurance Co.
Republic Mortgage Insurance Company
Triad Guaranty Insurance Corporation.