Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
W S
Lending / The Ticker

Fannie Mae sends update on National Mortgage Insurance

/ Print / Reprints /
| Share More
/ Text Size+

Fannie Mae used a letter to lenders to confirm the GSE has approved National Mortgage Insurance Corp. (NMI) as a mortgage insurer with permission to provide policies for conventional first mortgages.

Fannie Mae said NMI is not licensed to write mortgage insurance in every state, but it continues to try and obtain licensing within individual jurisdictions. Loans backed by NMI insurance can be delivered to Fannie Mae on or after June 1, 2013, if they possess notes dated on or after Jan. 16.

Clear here to read the letter for lenders.

 

 

Recent Articles by HousingWire Staff

Comments powered by Disqus