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Post# of 794128
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Cash_Is_King

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Cash_Is_King

Re: m285 post# 103459

Tuesday, 08/06/2013 2:19:18 PM

Tuesday, August 06, 2013 2:19:18 PM

Post# of 794128
If the government's goal is to reduce their risk by getting private institutions to insure a portfolio, then didn't that already pass this year? FHA PMIs are for the life of the loan beginning this year. If borrowers are paying a premium for mortgage insurance and they default on their FHA loan, FnF or the taxpayers wouldn't take the hit. I don't see FnF going anywhere but out of C-ship and back on the big boards.

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