Private Mortgage Insurance helps lead the way in the Housing Recovery

Private Mortgage Insurers leading the way in housing recovery   One of the earliest indicators of the housing meltdown which began in 2007 was that issuers of Private Mortgage Insurance (PMI) began to contract their underwriting guidelines for issuing PMI policies.  In fact, so bad was the meltdown that many PMI companies either stopped issuing…

Market Commentary Feb 14 – 2012

Market Commentary – Tue, Feb 14 – 10:46 AM ET The Commerce Department reported this morning that consumers spent a little less than expected in January but any gains were welcome. Retail Sales rose by 0.4% last month, below the 0.8% that was estimated but above the December reading of 0.0%. When stripping out automobiles, sales…