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Massachusetts adopts regulations for new mortgage loan originator law

National Mortgage Professional
Jun 21, 2008

Freddie Mac to treat MGIC, PMI and Radian as Type I insurers following remediation plan reviewsMortgagePres.comFreddie Mac, MGIC, PMI and Radian, Type I Insurers, Private Mortgage Insurer Eligibility Requirements Freddie Mac has announced that it would continue to treat Mortgage Guaranty Insurance Corporation (MGIC), PMI Mortgage Insurance Company (PMI) and Radian Guaranty Inc. (Radian) as Type I Insurers under Freddie Mac's Private Mortgage Insurer Eligibility Requirements. Freddie Mac is one of the nation's largest investors in residential mortgages. The announcement follows Freddie Mac's review of the business and financial remediation plans the companies stated they are implementing to regain AA ratings from one or more rating agencies. Freddie Mac retains the right to rescind or modify this decision at any time. For more information, visit www.freddiemac.com.
Published
Jun 21, 2008
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