WASHINGTON — The Mortgage Insurance Companies of America has revamped its year-old Web site that explains private mortgage insurance to consumers, and has created a second site geared to policymakers and the news media.

“We launched these Web sites to help the public understand how using private mortgage insurance can help them buy a home today, not someday,” said Frank P. Filipps, chairman and chief executive officer of Radian Guaranty Inc. and president of the trade group.

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