Journal Article

PMI reform: good intentions gone awry


Abstract: An argument that the legislation aimed at making private mortgage insurance more fair and affordable for homeowners could actually hurt the very borrowers it is intended to help by restricting the availability of mortgage loans and making them more costly.

Keywords: Insurance; Mortgages;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1997

Issue: Mar

Order Number: 2