Banks Provided $22 Billion in Mortgage Relief: Report
thanks Edi, MTG has the reserves for 33K of countrywide-related loans, most of them will be released in future, it is a lot of cash for MTG. hold our shares firm for a long run.
Decent money will be will be
Que sera sera
You Welcome Bing...I"m expecting every quarters to see more drop in dq inventory. The way the big 5 banks are spending the money, to me like they are cleaning their house first from dq borrowers which that help MI to pay less for claims.
How are you guys. Nice to see you both. I'm busy looking for a cheap airfare going to the Philippines. We have a group of Nurses and Doctors doing a medical mission in the Philippines in Jan 2013. Me and my wife volunteer since my wife is a nurse. I see both MTG and RDN are flying today. I hope it will continue to move up and get some cash for expenses.
agreed Edi, MTG had a great day today. hope more and more people will realize that MTG will survive and be profitable in future, and we longs can make a decent money. good luck to you, Bernie and all longs, have a good night. I need to work now.