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Loss Mitigation Overview | Preparation | Loss Mitigation | Filing Claims
CU Homekeepers | Loss Mitigation Webinar
Prepare Your Credit Union for Delinquencies and Claims on CMG MI-Insured Loans
Credit Unions should start preparing as soon as possible to work with CMG MI on insured loans that may become or have already become delinquent.
- Review your CMG MI Master Policy
This will help you understand what is covered by the mortgage insurance on the loan
- Review CMG MI’s Claims Manual
Find out what you can expect from CMG MI on handling delinquent loans insured by us
- Sign up for e-cmgmi
If you’re not signed up already, ask your CMG MI Account Executive for a user ID and password. The fastest way to process your delinquent CMG MI-insured loans and the only way to file claims is through e-cmgmi. Read our flyer!
- Make sure you’re current on premium payments for CMG MI-insured loans
Premium payments should be maintained throughout the delinquency process. Lapsed premium payments could affect your claim settlement. Review our Reinstatement Guidelines for details.
- Register for CMG MI’s complimentary Loss Mitigation Webinar
It’s CMG MI’s most popular Webinar and an absolute “must” for Credit Unions who want to conduct successful loss mitigation. Click here for more information.
- Call your CMG MI Account Executive and explain the situation. Your Account Executive is your point of contact with CMG MI’s Loss Mitigation Department.
CMG MI Understands the Comfort of Home
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