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National Mortgage Insurance began writing policies in 46 states last month and has signed up roughly 100 banks and mortgage lenders as customers, says CEO Bradley Shuster.

New Mortgage Insurer Offers Banks Increased Protection

by Kate Berry
MAY 1, 2013 1:09pm ET
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National Mortgage Insurance is upending the traditional business model by underwriting every single loan it insures and promising not to ask lenders to pay claims on defaulted loans if the borrower had made 18 months of consecutive payments.

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