Are you kidding? Want to back that legislation comment up with a link? Why would congress legislate PMI away? They want the government out of the business. There is a legitimate need to protect borrowers and lenders from calamities that can happen over the 30 life of a typical loan. Why is the business growing and profitable now do you think?
The most bullish comments here are written by shorts and bears. When their arguments start to get desperate and down-right flaky, I know I'm on to something good. Thank you.