The distributions of payments risk in default :
More than 50% has 15 payments behind. Those 50% will go not very likly into forclosure by the current rise in housing prices
irrelevant, TGIC the holding company no longer owns a mortgage insurance company.
The company is in Rehabilitation, it can go out of Rehabilitation
then, what does it hold?
the re mkt is rebounding like the hell.
default will drop to less than 3% from this month.