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Changes to the Distressed Markets Policy and List - Effective 3/6/09
Effective March 6, 2009, CMG Mortgage Insurance Company (CMG MI) will be making changes to our Distressed Markets Policy and List in response to developments in the overall mortgage market.
The following documents will be effective March 6, 2009:
Please note the following:
- Changes supersede previously issued CMG MI approved program variations
- Changes apply regardless of submission channel to CMG MI
- Changes apply and are determinative regardless of any Automated Underwriting System (AUS) recommendation or decision
Questions? Please contact your CMG MI Account Executive. |