Connecting the dots of investments and world economics for the next generation. It can be fun, educational and rewarding. Get resource Smart; GREEN with your home, car and life-style. Knowledge is the best path to learning from our past mistakes, personally, economically, globally...and to cut a new more peaceful future for mankind. It is your future to gain. Subscribe to XML Post; see XML icon below
Tuesday, July 15, 2008
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.'"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment