WASHINGTON - Private mortgage insurers wrote $10.5 billion of new policies in April, down 20.1% from March, according to the Mortgage Insurance Companies of America.

The insurance covered low-down-payment mortgages for 80,051 homebuyers, down 19.7%, the trade group said. The volume of outstanding insurance in force fell by 0.2%, to $608.5 billion.

New insurance of pools of securitized mortgages fell 54.2%, to $46.8 million.

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