The insurer financial strength rating on CMG Mortgage Insurance Co. (CMG) is based on the following: -- Business position. CMG, formed in 1993, has a strong, proven franchise with credit unions. It has relationships with hundreds of credit unions and has about 60% of the market in new insurance written. CMG is the only mortgage insurer (MI) dedicated solely to credit unions. -- Ownership. The company's owners provide important elements of business and operational support. -- Management. CMG's management is experienced. CMG has strong capabilities in all major fields, which are backed by explicit operational support from PMI Mortgage Insurance Co., one of CMG's two owners. -- Operating history. Profitability was extremely strong in 2000, and profits are growing. CMG's
