Republic Mortgage Insurance Company (RMIC) is a leading provider of insurance services for lenders in Pasadena, CA. Established in 1972, RMIC specializes in protecting lenders from losses resulting from defaults on residential property mortgages, particularly for loans exceeding 80% of the property's value. Although they have ceased writing new insurance policies since 2011, RMIC continues to support their existing customers and maintain all necessary systems and processes for policy servicing, loss mitigation, and claims operations.
With a strong focus on customer satisfaction, RMIC remains committed to providing comprehensive support and participating in programs such as the Home Affordable Refinance Program (HARP). Despite the challenges posed by the housing and credit market collapse, RMIC's dedication to their customers and their in-force book of policies ensures that they continue to be a reliable and trusted partner in the mortgage insurance industry.
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