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Real Estate & Property Law

: Housing Wire

Mortgage Insurers See Borrower Defaults Jump

By PAUL JACKSON

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Mortgage insurers saw defaults on mortgages they insure soar in September, as the number of applications received by insurers tanked. The data is the latest to show that the nation’s housing mess has yet to correct itself. According to the Mortgage Insurance Companies of America, a trade organization, 76,776 primary insurance defaults were recorded among [...]

Full post as published by Housing Wire on November 03, 2008 (boomark / email).

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