Gerald L. Friedman, chairman of Amerin Corp., has been chosen to head a trade group being formed among mortgage companies that oppose Fannie Mae and Freddie Mac's ventures into mortgage insurance and other lines of business, sources said.

The still-unnamed trade group has made no official statement and is said to be shopping for a Washington law firm to represent it. Mr. Friedman could not be reached, and Amerin declined to comment.

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