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Subprime Borrowers

Nov
15

The private insurers that cover $700 billion of U.S. mortgages are facing an onslaught of foreclosures. The big three—MGIC, Radian, PMI—are at risk. The housing market has been a cruel goddess, destroying the finances of millions of Americans and... Read More

Posted on Domino Watch on November 15th, 2011


Nov
15

Lewis Ranieri, once known as the father of mortgage finance, is daring to revisit the most infamous sector of the mortgage market—subprime lending. Four years ago, sky-high defaults on subprime mortgages—used mainly by borrowers with weak credit ... Read More

Posted on Domino Watch on November 15th, 2011