Posts Tagged “Mortgage Mi”

News Sources wrote an interesting post today on
Here’s a quick excerpt
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

Share and Enjoy:

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt

Marshall & Ilsley Restates 2Q, View On Mortgage SaleWall Street Journal(MI) restated its second-quarter loss on Monday as Wisconsin’s largest bank sold 800 residential mortgage loans, nearly all of which were nonperfoming. …Marshall & Ilsley Corporation to Adjust Second Quarter Results … PR Newswire (press release)all 11 news articles »

Share and Enjoy:

Read the rest of this great post here

News Sources wrote an interesting post today on
Here’s a quick excerpt
First-Time Home Buyers in Livonia, Michigan can take advantage of the low FHA mortgage down payment requirements for 2009. With a minimum down payment requirement of only 3.5%, FHA mortgage loans have remained the Michigan first-time home buyer program of choice due to the flexible high Loan-to-Value guidelines. Given all the craziness that is going on in the housing industry, it is also nice to know that the FHA allows sellers to pay for all other costs (up to 6% of the sales price). Basi

Share and Enjoy:

Read the rest of this great post here