Posts Tagged “Insurance Industry”

News Sources wrote an interesting post today on
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The mortgage insurance industry continues to face significant challenges during 2009, according to Standard & Poor’s. The rating agency believes that the macroeconomic environment may be having an increasingly negative impact on the prime mortgage insurance books, suggesting an elongation of the loss cycle beyond S&P’s prior expectations.

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News Sources wrote an interesting post today on
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Why hasn’t Washington offered any aid to help the beleaguered mortgage insurance (MI) industry? Lawmakers have thrown a bone to nearly every other sector of the housing and mortgage-related industries, but not to mortgage insurers. Especially at a time when credit requirements are so stringent and when most lenders are requiring a maximum downpayment, has not one lawmaker on Capitol Hill even considered propping up this industry that’s on the brink? Note: MI policies help make low-downpa

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News Sources wrote an interesting post today on
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Michael Challiner Many homeowners are being caught in the worsening endowment mortgage scandal. Figures from the insurance industry show that for the first time, the majority of endowment backed mortgage holders are being warned they will probably not be able to fully repay the mortgage they took out. The proportion expected to fall short has soared from 46 per cent to 60 per cent in just two years, dragging in an estimated 4.5million householders into the red. Endowment policies were heavi

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News Sources wrote an interesting post today on
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by John Fagan Mutual fund has been a part of the insurance industry from quite a good time but shoppers or buyers are not very aware of the benefits of the mutual life insurance plans offered by the insurance providers. There are many services and advantages in mutual funds like accident insurance, critical illness and life insurance which are provided. So, mutual fund is a good service which can prove very helpful. This has become possible in today’s time as many insurance companies do not

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News Sources wrote an interesting post today on
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MICA’s Members Keeping Homeowners Afloat With HARP and HAMP July 23 2009 - As unemployment and home foreclosures continue to rise and threaten the economic recovery, the mortgage insurance industry is stepping up its ongoing efforts to keep families in their homes. The industry has been at the forefront in developing systems and procedures to support the U.S. Treasury’s Home Affordable Refinance Program (HARP) and Home Affordable Modification Program (HAMP). Since the release of the details of

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