Chase Manhattan Mortgage has begun to offer lender-paid mortgage insurance through its correspondent division.

Lenders have been offering the product primarily through retail branches. Lender-paid insurance has been around since 1993, but the Department of Housing and Urban Development approved it only a year ago.

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.