Mortgage Insurance Industry: 70% of Previous Buyers Don't Qualify


The Big Picture | Mortgage Insurance Industry: 70% of Previous Buyers Don't Qualify: "The spreading restrictions are a symptom not only of the housing and credit crisis but of the mortgage-insurance industry's own huge losses. The insurers face massive borrower defaults on loans that were approved when securing a mortgage was far easier.'"

Comments

Popular posts from this blog

Our school system teaches virtually nothing about money !