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Rating agencies downgraded PMI Mortgage Insurance Co., part of the PMI Group, after the company announced that the Arizona insurance department placed it under regulatory supervision.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. says it has acquired Mortgage Insurance Agency, Ltd. in Crystal Lake, Ill.

Rescinding of policies that were procured by fraud "will become more common as mortgage insurers take steps to protect their rights under mortgage insurance policies," predicted Vineet Bhatia, a par

Private mortgage insurance (PMI) is fulfilling its role in protecting lenders, but many loans hurting lenders today involved techniques that circumvented PMI requirements for home loans, insurers said

WASHINGTON--The financial troubles that mortgage finance company Freddie Mac revealed yesterday have been caused in part by the shaky condition of monoline mortgage insurer Financial Guaranty Insurance