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Re: Makemoneymonay post# 6724

Tuesday, 10/01/2013 1:47:05 PM

Tuesday, October 01, 2013 1:47:05 PM

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Not to be rude, but apparently you don't understand the nature of the business.

It is a mortgage insurance company. It has to have 100s of millions of dollars in reserves to pay out potential liabilities if & when they come due. They can't 'double-dip' on the assets and say I'm using them to secure creditors interests AND insurance liabilities.
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