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To: TobagoJack who wrote (5670)	7/6/2001 10:10:48 PM
From: Ilaine	Respond to of 74559

>>Or, you might decide to do what Radian Group does: write mortgage insurance for banks that loan nearly the full purchase price of a home to subprime applicants.<< Before I committed myself, I'd need to see exactly what the contract of insurance provides. I've never seen one. If they promise to pay, in the event of default, 100% of the amount loaned plus interest, costs and fees, then it's a very risky business, indeed. If they only guarantee a certain amount, maybe not so risky.