Mortgage Insurance: Market Structure, Underwriting Cycle and Policy Implications

Bank for International Settlements

Download Document

Date Published August 2013
Primary Author Bank for International Settlements
Other Authors
Theme Mortgage Insurance


The events of the last few years, particularly those in the global financial crisis that began in 2007, indicate that mortgage insurance (MI) is subject to significant stress in the worst tail events. This report examines the interaction of mortgage insurers with mortgage originators and underwriters, and makes a set of recommendations directed at policymakers and supervisors which aim at reducing the likelihood of MI stress and failure in such tail events.

< Back to Search Results