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Mortgage Insurers Saw Higher Rates Of Default in 2000.(industry data)(Brief Article)
Financially, most of the mortgage insurers had a good year in 2000, with the industry reporting strong profitability.
But a rise in defaults, and a corresponding decrease in the ratio of "cures" to defaults, could be a source of concern.
Last year, the Mortgage Insurance Companies of America, a trade group that represents the industry, reported that new defaults on insured ...
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