Fitch Affirms and Withdraws CMG Mortgage Insurance Company's IFS Rating

NEW YORK--()--Fitch Ratings has affirmed and withdrawn the 'BBB-' Insurer Financial Strength rating of CMG Mortgage Insurance Company (CMG MI). The rating had a Negative Rating Outlook at the time of withdrawal.

The affirmation is primarily based on the quality of CMG MI's insured portfolio, which has shown stronger credit performance than most mortgage insurers.

Fitch has withdrawn the rating as it is deemed to be no longer relevant to the agency's coverage.

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Insurance Rating Methodology' (Oct. 18, 2012).

Applicable Criteria and Related Research:

Insurance Rating Methodology -- Amended

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=692293

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Contacts

Fitch Ratings
Primary Analyst
Ilya Ivashkov, CFA, +1-212-908-0769
Director
Fitch, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Joo-Yung Lee, +1-212-908-0560
Managing Director
or
Committee Chairperson
Nathan Flanders, +1-212-908-0827
Managing Director
or
Media Relations
Brian Bertsch, New York, +1-212-908-0549
brian.bertsch@fitchratings.com

Sharing

Contacts

Fitch Ratings
Primary Analyst
Ilya Ivashkov, CFA, +1-212-908-0769
Director
Fitch, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Joo-Yung Lee, +1-212-908-0560
Managing Director
or
Committee Chairperson
Nathan Flanders, +1-212-908-0827
Managing Director
or
Media Relations
Brian Bertsch, New York, +1-212-908-0549
brian.bertsch@fitchratings.com