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cliffvb

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cliffvb

Re: MRothaus post# 25243

Tuesday, 10/11/2005 4:32:00 PM

Tuesday, October 11, 2005 4:32:00 PM

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NFI, I wonder how much exposure they may have to the damage wreaked by the hurricanes. People whose homes are flooded or destroyed might be tempted to just walk away and let their mortgage company take it over. I'm thinking that I remember something about NFI carrying its own mortgage insurance on high percentage loans as well. If so, there would be more risk. That yield sure is juicy though.
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