The company's chief executive officer (CEO) Bradley Shuster informs that lenders have sent them different kinds of loans and policies in both the delegated and nondelegated underwriting channels. It informs that the company has 550 million dollars capital for supporting mortgage insurance coverage on...
and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over life...
National MI was formed by bringing together some of the industry's leading mortgage insurance experts backed by $500 million of capital to change the face of private mortgage insurance.