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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (77872)5/19/2007 10:09:32 PM
From: Think4YourselfRead Replies (1) of 306849
 
Here's the link. You can tell them they are wrong.

finance.yahoo.com

Are you SURE no one pays PMI? I am seeing it on bank offers, and your friend might have gotten their loan before the subprime problems caused everyone to tighten up. If banks aren't demanding PMI on weak loans then they must love risk, because those are the loans that are blowing up in their faces and they are fully exposed to the damage.
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