Mortgage Guaranty Insurance Corp. said its private mortgage insurance can be canceled electronically on Alltel's servicing platform, reducing waiting time for customers expecting refunds.

The insurance company will process cancellations through Alltel's system within 24 hours, as opposed to the two weeks it took before the enhancement.

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.