Private Mortgage Insurance Defaults On The Rise

According to the Mortgage Insurance companies of America, for the month of May the number of borrowers applying for private mortgage insurance (PMI) fell as the number of defaults rose.

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.

Phil Ganz (354 Posts)

Philip D. Ganz is a Boston Mortgage Broker and Boston Home Loan specialist. For information, expertise, consulting, or advice about home loans, refinancing mortgages, or commercial property loans, contact Phil with no obligation: 617-529-9317

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