The Cal-Mortgage Loan Guarantee Insurance Program will probably begin processing new loan applications as early as February, ending a moratorium that began Sept. 3, a California official said recently.

The moratorium on accepting new applications occurred in the aftermath of a technical default by Triad Healthcare. The Encino, Calif.-based health system last summer missed a payment securing a $167.4 million certificate of participation refunding issue.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.