CMG MI Program Guideline Changes for All Programs - Effective 4/6/09

Effective April 6, 2009, CMG Mortgage Insurance Company (CMG MI) is making key changes to our guidelines.

Read our FAQ here.

The following should be noted:

• Changes supersede previously issued CMG MI approved program variations
• Changes apply regardless of submission channel to CMG MI
• Changes apply regardless of any Automated Underwriting System (AUS) recommendation or decision

For more information, please see the links below:

• Changes to CMG MI’s Conforming and Non-Conforming Program – Effective 4/6/09
• Please see our Credit Risk Bulletin for a summary of the changes.
• Please see our Comparison Matrix to compare the 4/6/09 changes to CMG MI’s previous guidelines.

Changes to CMG MI's Rates

The following rate sheets will be effective on April 6, 2009:

• Monthly Premium Rates – Updated 7/09
• Single Premium Rates - Updated 7/09

Changes to CMG MI’s Distressed Markets

The 4/6/09 guidelines include changes to CMG MI’s Distressed Markets Policy and List.

• Distressed Markets Policy - Effective 4/6/09
• Distressed Markets List – Effective 4/6/09

Questions? Please contact your CMG MI Account Executive.