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MGIC Stops Underwriting Non-MI Loans

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Posted by on April 14th, 2009

MGIC has discontinued contract underwriting of uninsured loans. Moving forward and citing market conditions, they have announced that June 1st and beyond they will no longer contract underwrite loans in our Underwriting Service Centers that do not have Mortgage Insurance. Effective June 1, 2009 MGIC will no longer accept uninsured business in our Underwriting Service […]

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