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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (71927)10/13/2006 4:03:13 PM
From: Perspective  Read Replies (2) | Respond to of 110194
 
<Suzanne C. Hutchinson, executive vice president of the Mortgage Insurance Companies of America, wrote in a July letter to regulators that interest-only and pay-option mortgage products now account for 26% of loan originations, "a sharp increase from last year.">

So the mortgage insurance companies may have played a role in seeing the regulatory guidance through.

BC


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