PMI Companies Cracking Down. MGIC not liking loose guidelines. Expect others to follow.
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PMI Companies Cracking Down. MGIC not liking loose guidelines. Expect others to follow.
I agree with adjusting the pmi cost for higher LTV’s. HOWEVER!!!! I feel that should be offset by reducing the MI rates when dti’s are below 25% or 30% back end. Wouldn’t that make sense? Give us more reasons to push toward homes people can afford?????