the-loss

S&P Places 7 Mortgage Insurers on CreditWatch (Financial Planning.com)

The mortgage insurance industry continues to face significant challenges during 2009, according to Standard & Poor’s. The rating agency believes that the macroeconomic environment may be having an increasingly negative impact on the prime mortgage insurance books, suggesting an elongation of the loss cycle beyond S&P’s prior expectations.

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S&P Places 7 Mortgage Insurers on CreditWatch (Financial Planning.com)

the-loss

More area homeowners fall behind on mortgage payments (Green Bay Press-Gazette)

The number of local homeowners falling behind in mortgage payments continues to climb, meaning they could join the ranks of those already in foreclosure.

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More area homeowners fall behind on mortgage payments (Green Bay Press-Gazette)

the-loss

Feds create mortgage fraud task force (Connecticut Post)

The scams are becoming as elaborate as a bank mortgage application.They can be as simple as a foreclosure specialist keeping money from a family facing the loss of their home to the use of

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Feds create mortgage fraud task force (Connecticut Post)