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PMI

Afternoon Quickie 03/17/2009

by phillenbrandMarch 17, 2009 We're Reading

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Huffington Post - Citigroup Dividend Payments Still Ongoing
Housing Wire - PMI Looks to Raise Capital, Faces Liquidity Issues
Huffington Post - Chuck Grassley: AIG “Sucking The Tit Of The Taxpayer” (VIDEO)
Infectious Greed - AIG Wholly Owned by U.S. (Sort of)
Housing Wire - NAMB Goes on [...]

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A closer look at mortgage insurance

by Jay HammondMarch 12, 2009 Bailout

Did you know your mortgage insurance may be deductible? Under certain conditions, the Internal Revenue Service (IRS) reports that homeowners may deduct their mortgage insurance premiums when filing their federal tax returns.

Generally, mortgage insurance premiums paid to a government agency or program as well as private mortgage insurance (PMI) premiums connected to the purchase of [...]

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Dead Man Walking – Brokers Squeezed by Insurers

by MorganFebruary 13, 2009 Mortgage Musings

In my original dead man walking post I argued that wholesale mortgage originators (brokers) were on the way out.  I pointed to all sorts of signs that seemed to point towards a future with a much smaller broker presence in the mortgage world.  And, for the most part I was dead on, as 3rd-party originations [...]

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