http://shortsalepowerhour.com/ Mortgage Insurance, no matter what kind it is, is just insurance on a pool of loans. The investor may or may not be responsible for all or part of the loss.
Great information you guys! I thought MI was paid-out only in the event of a foreclosure. Surprise! Didn't know MI had to cough-up $ in a short sale too.
Great information you guys! I thought MI was paid-out only in the event of a foreclosure. Surprise! Didn't know MI had to cough-up $ in a short sale too.
oxnard99 1 year ago