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mortgage insurance (MI) is subject to significant stress in the worst tail events. This report examines the interaction of … mortgage insurers with mortgage originators and underwriters, and makes a set of recommendations directed at policymakers and …
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... In this paper, the key issues and risks are spelt out in more detail and principles are put forward that can serve as benchmarks. The principles apply across the banking, insurance and securities sectors, and the international committees involved in each sector may buildon these principles...
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In March 2000, the Joint Forum set up a Working Group to compare the core principles issued by the Basel Committee on Banking Supervision (Basel Committee), the International Association of Insurance Supervisors (IAIS), and the International Organization of Securities Commissions (IOSCO),...
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