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Anatomy of a Train Wreck
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<blockquote data-quote="toonertoo" data-source="post: 410307" data-attributes="member: 1944"><p>Not sure if this has been covered. With such biased views I dont know if I can get an answer here, but what the heck..................</p><p>Most of these sub primes were covered by Pmi insurance, I have PMI, as when I refinanced out of my last loan the value had dropped and I didnt have the equity, So have the insuring companies went out of business also>>>>?????</p></blockquote><p></p>
[QUOTE="toonertoo, post: 410307, member: 1944"] Not sure if this has been covered. With such biased views I dont know if I can get an answer here, but what the heck.................. Most of these sub primes were covered by Pmi insurance, I have PMI, as when I refinanced out of my last loan the value had dropped and I didnt have the equity, So have the insuring companies went out of business also>>>>????? [/QUOTE]
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