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Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of
Republic Mortgage Insurance Company (RMIC) protects lenders from losses due to defaults on first mortgages for single-family residential properties. The company provides primary insurance coverage to more than 2,000 mortgage lenders throughout the US on loans in which the homebuyers paid a down payment of less than 20%....
Movin' on up but don't want to put too much down? Adding Genworth Mortgage Insurance (formerly General Electric Mortgage Insurance) to your home-buying plans may help you. One of the biggest private mortgage insurers in the US, Genworth Mortgage Insurance allows customers to buy homes with a low down payment (less than 20%) and reduces financial risk for lenders and investors by protecting them against borrower default....
Since a pinkie-promise isn't good enough for most lenders, there's MGIC Investment's mortgage insurance to protect lenders when home buyers don't hold up their end of the bargain. MGIC Investment owns
Radian Group is spread out, but still has mortgage insurance at its center. Through subsidiaries
Radian Guaranty help residential mortgage lenders sleep better at night. The company is the main mortgage insurance subsidiary of
If Barbie can't afford a full 20% down payment on her Malibu dream home, her mortgage lender could still bring in The PMI Group. The PMI Group is among the largest US providers of private mortgage insurance, which protects lenders in case of borrower default....
What mortgage lenders and homebuyers would do together, Triad Guaranty insured that no one put asunder. The company's main subsidiary, Triad Guaranty Insurance, sold private mortgage insurance on residential mortgage loans when buyers could put up less than 20% of the down payment....
United in its efforts to protect against mortgage credit losses, United Guaranty offers mortgage guaranty insurance to lenders for first and second mortgages. The company, which operates as AIG United Guaranty, and its subsidiaries also offer other financial products and services to assist mortgage lenders and investors, including mortgage conduit and mortgage fraud recovery services and student loan default insurance....
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