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Mortgage Insurers See Borrower Defaults Jump
Nov 03, 2008Mortgage 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 member companies in September, up from 72,818 one month earlier and well above the 54,699 recorded in Sept. 2007.
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Zaio Ceases Operations, Cites Market Conditions
Oct 30, 2008 -
First American Posts Q3 Loss
Oct 30, 2008 -
Waxman Questions Use of TARP Funds
Oct 29, 2008 -
Reader comments on Option ARMs
Oct 29, 2008 -
No Downturn Here: Residential Finance Expands, Hires
Oct 29, 2008 -
Ace Mortgage Hits Wall, Latest to Close
Oct 27, 2008 -
Downey Financial Stands Alone, But Questions Remain
Oct 24, 2008 -
PNC to Acquire National City
Oct 24, 2008 -
Wolters Kluwer Touts Compliance Management Services
Oct 23, 2008 -
Goldman Looks to Cut 10 Percent of Workforce: Report
Oct 23, 2008
