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Credit Union Journal

Thursday, May 17, 2012, as of 02:45 AM EDT

CMG Says PMI Bankruptcy Won’t Harm CU Mortgage Insurance Claims

Credit Union Journal Daily Briefing  |  Tuesday, November 29, 2011

WALNUT CREEK, Calif. – CMG Mortgage Insurance Co. on Monday said last week’s bankruptcy filing by PMI Group – a 50%-50% partner with CUNA Mutual Insurance – will not affect the claims-paying ability for the biggest provider of private mortgage insurance for credit unions...

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