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MI Policy Origination and Servicing Guide Effective October 18, 2010, This page intentionally left blank. 2 Radian Tables of Contents MI Policy Origination and Servicing Guide MI Policy and Servicing
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Who needs mi policy origination and:
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Homeowners who require mortgage insurance for their property.
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Anyone involved in the origination of mortgage insurance policies.
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What is mi policy origination?
Mi policy origination is the process of initiating a mortgage insurance policy.
Who is required to file mi policy origination?
Lenders or financial institutions are required to file mi policy origination.
How to fill out mi policy origination?
Mi policy origination can be filled out electronically or by submitting paper forms.
What is the purpose of mi policy origination?
The purpose of mi policy origination is to protect the lender in case the borrower defaults on the loan.
What information must be reported on mi policy origination?
Information such as borrower's name, loan amount, property address, and insurance premium must be reported on mi policy origination.
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