To: VHDA Originating Lenders
Date: August 18, 2011
Re: PMI Mortgage Insurance Company
Effective immediately, VHDA is temporarily suspending PMI Mortgage Insurance Co. for issuance on new originations of VHDA loans until further notice. VHDA will honor loans currently reserved for which PMI mortgage insurance commitments have been issued.
As new information regarding company ratings becomes available, VHDA will update our policy.
