Private Mortgage Insurers Continue to Absorb Losses, But GSE Reform Could Save Them, Some Experts Say
February 17, 2011
The private mortgage insurance industry continued to incur hefty losses in 2010, but there is hope for their sustainability with the unveiling of the Obama administration’s plan to pull back on the reins of their primary competitor, the FHA. Higher FHA premiums and a reduction in the conforming loan limit should benefit...