MI goes away after two years if the payment is paid as agreed and there is enough equity. FHA MI will continue for the life of the loan as of today .This is a huge competitive plus for the MI industry.
Mortgageguy44- what are your thoughts in what the 4th qtr may bring such as reserves possibly added back? Also, it was good to hear of the moral at corporate you mentioned. Was there any upbeat comments these people cared to share?