Walling off CCI: Why isn't it done already?
seems to me that CCI will be much tougher to wall off.....why? Simply because they would have done it already and advertised the fact. Remember, they put it in run-off in 2008 and CCI involves legacy ORI subs with claimants that are different (MI is basically the GSEs). I suspect that a regulatory takeover of ORIC would not spill over well to the rest of the company...