Approved Mortgage Insurers and Related Identifiers
Approved Mortgage Insurers and Related Identifiers
If Mortgage Insurance (MI) Coverage is Obtained
ULDD Enumerated Value MI Code
Genworth
01
MGIC
06
PMI
11
Mortgage Insurer Name Genworth Mortgage Insurance Corporation Mortgage Guaranty Insurance Corporation PMI Mortgage Insurance Co., PMI Insurance Co., and PMI Mortgage Assurance Co. are no longer eligible insurers for loans delivered to Fannie Mae (Announcement SEL-2011- 08).
UGI RMIC
Exception: Certain Refi PlusTM, DU Refi PlusTM, or modified or refinanced balloons can be delivered if continuation of coverage is effected through modification of the existing mortgage insurance certificate.
12 United Guaranty Residential Insurance Company
13 Republic Mortgage Insurance Company and Republic Mortgage Insurance Company of North Carolina are no longer eligible insurers for loans delivered to Fannie Mae (Announcement SEL-2011-07).
MD Housing
Exception: Certain Refi Plus, DU Refi Plus, or modified or refinanced balloons can be delivered if continuation of coverage is effected through modification of the existing mortgage insurance certificate.
14 Maryland Housing Fund is no longer an eligible insurer for loans delivered to Fannie Mae (Lender Letter LL-2014-05).
Triad
Exception: Certain Refi PlusTM, DU Refi PlusTM, or modified or refinanced balloons can be delivered if continuation of coverage is effected through modification of the existing mortgage insurance certificate.
24 Triad Guaranty Insurance Corporation is no longer an eligible insurer for loans delivered to Fannie Mae (Announcement 08-15).
Exception: Certain Refi Plus, DU Refi Plus, or modified or refinanced balloons can be delivered if continuation of coverage is effected through modification of the existing mortgage insurance certificate.
? 2018 Fannie Mae. Trademarks of Fannie Mae.
September 04, 2018 1 of 2
ULDD Enumerated Value MI Code Mortgage Insurer Name
CAHLIF
Radian MIF
ArchMI Essent
NMI
31 California Housing Loan Insurance Fund is no longer an eligible insurer for loans delivered to Fannie Mae (Lender Letter LL-2010-09).
Exception: Certain Refi Plus, DU Refi Plus, or modified or refinanced balloons can be delivered if continuation of coverage is effected through modification of the existing mortgage insurance certificate. 33 Radian Guaranty Inc. 37 MassHousing Mortgage Insurance Fund 38 Arch Mortgage Insurance Company (formerly CMG Mortgage Insurance Company) 43 Essent Guaranty, Inc. 44 National Mortgage Insurance Corporation
If Mortgage Insurance (MI) Coverage is Not Required
ULDD Enumerated Value MI Code
No MI Based On
95
Original LTV
MI Canceled Based On
97
Current LTV
Mortgage Insurer Name
No MI required because the loan-to-value ratio, using delivery date UPB and origination date value, is 80% or less, or the LTV is higher than 80% but the loan is eligible for a no-MI Fannie Mae to Fannie Mae refinance.
No MI required because the loan-to-value ratio, using delivery date UPB and value determined after origination, is 80% or less.
We are no longer allowing the use of MI Code 97 for lender channel/flow deliveries because some loans may still be inadvertently delivered with LTVs greater than 80% that do not meet our requirements, therefore MI Code 97 is now valid for negotiated (bulk) transactions only.
? 2018 Fannie Mae. Trademarks of Fannie Mae.
September 04, 2018 2 of 2
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