TITLE

PMI hopes to set standard for underwriting of jumbos

AUTHOR(S)
Saft, James H.
PUB. DATE
January 1994
SOURCE
American Banker;1/7/1994, Vol. 159 Issue 5, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on PMI Mortgage Insurance Corp.'s `Platinum Underwriting Certificate' to be given to jumbo mortgages which conform to a series of published criteria developed by PMI with conduits and investors. Need for a consistent underwriting standard in jumbo loans; Setting up of PMI Mortgage Services Co.; Decline of pool insurance.
ACCESSION #
9403172590

 

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