Strengthening the Mortgage Insurance Industry

By SVP, Division Chief Risk Officer, Single-Family Donna Corley Private mortgage insurance (PMI) plays an important role in the mortgage finance system; because it makes homeownership possible when 20 percent down payments are an obstacle to otherwise qualified borrowers. The 2008 housing crisis underscored the importance of the mortgage industry to maintain a financially strong and resilient system that can provide consistent liquidity and broaden the access America's borrowers have to affordable mortgage credit in good times and bad. Read More...(read more)

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