To: VHDA Originating Lenders
Date: August 2, 2011
Re: RMIC Mortgage Insurance Company
Effective immediately, VHDA is temporarily suspending RMIC Mortgage Insurance for issuance on new originations of VHDA loans until further notice. VHDA will honor loans currently reserved for which RMIC mortgage insurance commitments have been issued.
As new information becomes available, VHDA will update our policy.