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  1. Mortgage people - whats the deal with these new mortgage insurance rules and offers??

    i’ve been in the PMI business and The mortgage business for 33 years. There’s no easy way to explain Pmi I can guarantee you. But it is a necessary evil. The good thing about PMI is that you can drop it when your loan to value reaches 80%. There is a much higher risk for loans over 80% loan to...
  2. Mortgage people - whats the deal with these new mortgage insurance rules and offers??

    Guys and Gals, I will tell you something about mtgldr. I have read most of the posts here and read almost all of mtgldr's answers. He knows what the heck he is talking about! I have also been in the mortgage business for 29 years. I don't originate loans but I have been involved in most...
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