Showing posts with label REAL ESTATE. Show all posts
Showing posts with label REAL ESTATE. Show all posts

Monday, November 28, 2011

Is Your Mortgage Insurance Company Bankrupt?

PMI Group has filed bankruptcy, will MGIC and Genworth Financial be next?

Real Estate prices continue to fall, foreclosures are rising, and consumers with weak credit can't get approved to buy no matter how attractive homes may be selling for these days.
Consumers who are fortunate enough to get approved for a mortgage will now have one less Mortgage Insurer to choose from after PMI Group's bankruptcy.

Clcik to read Huffington Post report

Friday, November 25, 2011

Does Housing Crisis have Hope?

  ..."of the 55 million mortgages in America, more than 10 million are reasonably likely to default", from NY Times, Nov 2011. click to read :To Fix Housing Crisis, Read the Data

 Real Estate is NOT an attractive investment , REAL ESTATE DATA