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Home » Store » News » PMIs Try to Gain Back Share from FHA

PMIs Try to Gain Back Share from FHA

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While FHA originations are only slightly down in the first quarter of 2010 from year-ago levels, private mortgage insurance has seen sharp drops in business, and MI companies have begun trying to regain their footing. According to the Mortgage Insurance Companies of America, total primary new mortgage insurance written is off 50 percent in the first two months of this year, compared with the same point in 2009...
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