Anza Mortgage Insurance Corporation has submitted a new mortgage guaranty insurance program filing in Rhode Island, introducing a full set of forms, rating rules, and underwriting documentation designed to support mortgage lenders seeking coverage against borrower default. The filing was submitted on March 11, 2026 and is currently pending regulatory approval. The submission represents a new program rather than revisions to previously filed products.

The program includes a master mortgage insurance policy along with operational documents such as certificates of insurance, conditional commitments, loan-level endorsements, and a mortgage insurance application. These forms establish how coverage is issued, activated, and administered for individual loans insured under the program.

Under the master policy, Anza agrees to pay insurance benefits to the insured lender or beneficiary if a borrower defaults on a covered loan, provided that premiums are paid and the loan complies with the company’s underwriting requirements. As with most private mortgage insurance products, coverage applies to the lender or loan holder rather than the borrower.

Coverage begins once a loan closes and the lender submits the required activation information and premium payment within the specified timeframe.

Anza Mortgage Insurance Corporation is domiciled in North Carolina and operates as a mortgage guaranty insurer providing coverage to lenders on residential mortgage loans. The Rhode Island filing represents the company’s effort to expand its mortgage insurance program into the state once regulatory approval is granted.