ABOUT MORTGAGE INSURANCE
Mortgage insurance protects lenders and investors against borrower default on residential mortgage loans. For nearly 50 years, the mortgage insurance industry has helped lenders in a number of countries manage their exposure to credit and economic risks while expanding homeownership opportunities for borrowers to purchase homes with smaller down payments. In addition, mortgage insurance from a highly rated mortgage insurance company facilitates the sale of low down payment mortgages in the secondary market. As a result, mortgage insurance has helped to stabilise, revitalise, and vastly expand housing markets worldwide.
