Search for: "PMI Mortgage Insurance Company" Results 21 - 40 of 55
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4 Nov 2009, 1:49 am
  Background The PMI Group, a residential mortgage insurer that also owns a controlling interest in bond insurer Financial Guaranty Insurance Corporation, as well as certain of PMI’s directors and officers, were first sued in a securities class action lawsuit in March 2008 (about which refer here). [read post]
16 Apr 2007, 3:24 am
Escrow account: a separate account into which the lender puts a portion of each monthly mortgage payment; an escrow account provides the funds needed for such expenses as property taxes, homeowners insurance, mortgage insurance, etc. [read post]
9 Aug 2010, 6:22 am by Karen W. Ingle
You paid for private mortgage insurance (PMI)? [read post]
15 Apr 2008, 2:19 pm
  Notably, the loss calculus for MBS holders or PMI insurers or bond insurers should not change depending on whether a workout is voluntary or not--it will still produce a smaller loss than foreclosure. [read post]
14 Mar 2019, 10:57 am by Reid F. Herlihy and James Kim
” Servicers engaged in deceptive practices by misrepresenting the conditions for the cancellation of private mortgage insurance (PMI). [read post]
23 Jul 2019, 8:02 am
 Private Mortgage Insurance (PMI) – If the down payment is less than 20% of the property purchase price, PMIs are typically required. [read post]
12 Mar 2019, 4:58 am
A good title insurance representative can be invaluable in this process, and your real estate attorney can connect you with a reputable provider.Origination fee: paid to the mortgage lender to cover administrative expenses involved in providing the loan, including research conducted on you as a buyer.Private mortgage insurance (PMI): a widely resented fee paid to the mortgage company if you are unable to put a full 20% down on the house… [read post]
12 Mar 2012, 2:30 am by Philip R. Stein
  Now, Fannie Mae is pressuring lender Bank of America to cover losses incurred by insured home loans that have defaulted, but on which the PMI company is refusing to pay. [read post]
20 Mar 2009, 6:58 am
Those PMI companies took a pounding when loan default rates exploded. [read post]
28 May 2008, 8:03 pm
The WSJ also reports that repurchase pressure is coming from bond insurers, such as Ambac and PMI, and REITs, like Redwood Trust Inc. [read post]
10 Oct 2011, 3:56 pm
In the latest sign that debt forgiveness might make financial sense to some on the lender side, the nation's second-largest mortgage insurance company, PMI Group, has found a way around Fannie and Freddie's policy. [read post]
2 Nov 2009, 3:51 am by Michael J. Hassen
The class action was premised on the theory that Countrywide steered homebuyers who needed PMI insurance to companies that would “reinsure” the PMI policies with Balboa pursuant to a “captive reinsurance arrangement. [read post]
7 Oct 2010, 10:38 am
The private mortgage insurance ("PMI") is outrageously expensive (it is approximately 1/3 of the total monthly mortgage payment). [read post]
17 Oct 2009, 6:15 am
According to Walnut Creek, California's PMI Mortgage Insurance, a third bill - SB 291 - could provide regulatory relief to residential mortgage insurers in the state, and go a long way to support the market's housing recovery. [read post]
13 Aug 2021, 8:21 am by Kevin Kaufman
PMIs use global reinsurance (insurance for insurance companies) to spread their risk; for example, in 2020, more than 30 percent of risk was shared with non-U.S. sources. [read post]
23 Jul 2019, 12:00 pm by M&A Admin
Private Mortgage Insurance (PMI) – If the down payment is less than 20% of the property purchase price, PMIs are typically required. [read post]