WASHINGTON — Private mortgage insurers are seeking a larger share of the credit risk on Fannie Mae and Freddie Mac-guaranteed loans.

The trade group U.S. Mortgage Insurers released a study Monday that shows deeper mortgage insurance coverage could significantly reduce the loss exposure of Fannie and Freddie caused by defaults or foreclosures while also reducing costs for homebuyers.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry