Mortgage insurers are making their underwriting and pricing more stringent in response to declining housing values. They are increasing minimum credit scores and loan-to-value ratios, restricting certain geographic markets, and imposing additional eligibility requirements like down payment sources, appraisal and reserve verification, and home buyer education.

1. The State of the Mortgage Insurance Industry Overview of Underwriting and Pricing Changes Prepared for: NCSHA’s 2008 Spring Training Prepared by: Kyle Mrotek, FCAS, MAAA May 19, 2008

5. Overview of Underwriting and Pricing Changes

6. Overview of Underwriting and Pricing Changes

8. Overview of Underwriting and Pricing Changes