CMG MI’s New EZ DecisioningSM Program Accepts Conforming GSE-Approved Loans for MI Coverage

Marisa Rawling
Corporate Communications
CMG Mortgage Insurance Company
595 Market Street, Suite 400
San Francisco, CA  94105
Phone:  (415) 284.2519
Fax:  (800) 490.6757 –

SAN FRANCISCO – January 17, 2012 – CMG Mortgage Insurance Company (CMG MI) today launched a new set of program guidelines called EZ Decisioning.

Effective immediately, conforming mortgage loans that meet the EZ Decisioning criteria and have received a valid Desktop Underwriter® Approve/Eligible, Desktop Underwriter Expanded Approval/Eligible or a Loan Prospector® Accept/Eligible are eligible for CMG MI mortgage insurance coverage.

“EZ Decisioning represents a major step forward for CMG MI’s commitment to making it easier for our customers to use our products, services and processes,” said Kim Shaul, senior vice president and general manager of CMG MI.  “Under this new program, credit unions will be able to slash their submission times and speed up approvals for their members.”

In addition to a streamlined submission process and faster turnarounds, the EZ Decisioning program features some expanded eligibility guidelines, dropping credit scores down to 620 for loan-to-value (LTV) ratios <95 percent.  Borrower contributions have been eliminated for borrowers with credit scores of 720 and above. 

“Both delegated and non-delegated business are eligible for EZ Decisioning,” said Marty Selgrath, CMG MI’s director of national underwriting operations. “We recognize credit unions’ need for value and convenience, and this program fulfills that demand.  At the same time, we’ll still be offering our high-touch, personalized service on loans that require more intensive underwriting review.”

CMG MI is currently the leading provider of mortgage insurance products and services to credit unions.  “We’ve always driven innovation in the industry,” Ms. Shaul said. “As the market leader, we’re focused on developing frictionless business processes that enable credit unions to reduce their own time and expense in serving members.  By aligning this program with the GSEs’ approval process, we anticipate greater efficiencies for our customers and ourselves.”


Licensed in all states, CMG Mortgage Insurance Company (CMG MI) provides private mortgage guaranty insurance to protect credit unions against potential losses in the event of borrower default.   By covering default risk on residential first mortgage loans, CMG MI facilitates the sale of low-down-payment mortgages in the secondary mortgage market and expands homeownership opportunities by enabling credit union members to buy a home with a down payment of less than 20 percent.  For more information, visit

Statements in this document that are not historical facts, or that relate to future plans, events or performance, are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include our discussion of the environment for mortgage insurance and our risk management practices. Readers are cautioned that forward-looking statements by their nature involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Many factors could cause actual results and developments to differ materially from those expressed or implied by forward-looking statements including, among others, conditions affecting the mortgage insurance industry, general economic conditions, and regulatory and legislative developments. Except as may be required by law, we undertake no obligation to update forward-looking statements.

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