CMG Mortgage Insurance Co. gets nod from Standard & Poor

NEW YORK - Standard & Poor has affirmed its double A-minus counter-party credit and financial strength rating on CMG Mortgage Insurance Co. CMG Mortgage Insurance Company was recognized for its 60% share in the credit union mortgage insurance market, support form its parent companies and strong operating performance. According to...

By Staff Writer | March 26, 2002 at 07:00 PM

NEW YORK – Standard & Poor has affirmed its double A-minus counter-party credit and financial strength rating on CMG Mortgage Insurance Co. CMG Mortgage Insurance Company was recognized for its 60% share in the credit union mortgage insurance market, support form its parent companies and strong operating performance. According to Standard & Poor Director Charles Titterton, CMG could increase earnings moderately to substantially in the coming year.

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