Tag Archives: mortgage insurance companies

As If Mortgage Insurance Companies Didn’t Have Enough Problems

Now they’re getting sued for not providing adequate maternity leave. I say leave these questions to the free market. Nobody is forced to work for a mortgage insurance company. If somebody does’t like the maternity benefits, they can get another … Continue reading

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Saving Lenders

I enjoy Jack Guttentag’s columns on mortgages in the Washington Post. Last week he explained why increasing capital requirements for lenders won’t reduce the risk and severity of financial crises. There are just so many ways lenders can get around … Continue reading

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Bring A Big Down Payment If You Want To Buy A House

NEW YORK — Are you ready to buy a house in this crazy market? In deeply declining markets, lenders are reluctant to issue loans unless borrowers put at least 10% down, he said. (CNNMoney.com) For expensive homes, the down payments … Continue reading

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Mortgage Default Jump

CHICAGO -(Dow Jones) – Home loans reported as delinquent to a mortgage insurer trade group surged in April, when a major home lender tightened up its policy for reporting past-due mortgages. The Mortgage Insurance Companies of America said Friday that … Continue reading

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Mortgage Market Changes

There’s been a lot of change over the past decade. Nowadays about 70 of home buyers begin their search online. Lenders now decide on a credit by using complicated computer-generated models. They underwrite and process loans via desktop computers. There’s … Continue reading

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