PMI Expands LTVs and Credit Scores in Distressed Markets

Day: May 4, 2011

PMI Expands LTVs and Credit Scores in Distressed Markets

PMI Expands LTVs and Credit Scores in Distressed Markets

PMI Mortgage Insurance Co. is seeing signs of strengthening in markets the firm classifies as “distressed,” enough so that the private mortgage insurer is relaxing its requirements for loan-to-value (LTV) ratios and minimum credit scores. The California-based insurer issued a bulletin last week announcing that it is raising the LTV to 95 percent for both…  Continue Reading

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Do You Experience Vicious Cycles of Profits and Losses?

Do You Experience Vicious Cycles of Profits and Losses?

I’m going to start today by asking you a question. Would you rather have a business that generates huge profits once in while?……. OR a business that generates repeatable consistent profits month after month after month? I hope you said repeatable profits because that ONE word – REPEATABLE – is the KEY to long term…  Continue Reading

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