Total MI Cancellations

Facilitates mortgage insurance (MI) cancellation

Total MI Cancellations makes the process of canceling a borrower’s Mortgage Insurance (MI) quicker, easier and more transparent. Within this tool are three integrated capabilities: eligibility, submission and verification. This tool has not yet launched, we will update timing at a later date.

Total MI Cancellations is one of three Total MI℠ solutions.

Other Total MI Tools and Resources

Total MI Claims

Total MI Claims is a tool that provides a streamlined workflow for claim filing and processing of non-performing loans that have a foreclosure sale date (or another claim trigger).

Total MI Reconciliations

Total MI Reconciliations is a tool that provides a process to verify MI details for newly-funded loans, as well as loans with data corrections.

Total MI FAQ

Frequently asked questions on the Total MI suite of solutions.

Total MI: Cancellations

This 3-minute video demonstrates Freddie Mac's first step toward re-imagining the MI Cancellations process: determining a borrower's eligibility for cancellation based on current property value, while providing real-time responses with no fee or delay due to ordering a value.

Additional Resources