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Monday
Nov 17th
Hardworking arrow News arrow Business arrow Business arrow Private mortgage insurance has comeback (AP)
Private mortgage insurance has comeback (AP)
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Warhawk fans cheer during the game between The University of Louisiana at Monroe and Denver at Fant-Ewing Coliseum in Monroe on Wednesday, Feb. 28, 2007, in Monroe, La. The NCAA is getting tough on academics, and teams from predominantly black colleges and schools in the Hurricane Katrina region are getting hit hardest. The NCAA's latest Academic Progress Report, released Wednesday, May 2, 2007, shows historically black colleges and universities (HBCUs) account for about 13 percent of all schools facing potential scholarship losses or receiving warning letters because of poor classroom performance. (AP Photo/The News-Star, Terrance Armstard)AP - Private mortgage insurance is making a comeback. Until six or eight months ago, private mortgage insurance was out of favor as people eager to get into the roaring housing market took adjustable-rate mortgages or "piggyback" loans or some other exotic form of financing.



Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20070503/ap_on_bi_co_ne/on_the_money.
 
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