To: paulat
Perhaps what needs to happen is to simply prohibit mortgage companies from requireing insurance.
That or simply allow mortgage companies to make loans without requiring insurance.
12 posted on
05/31/2006 8:19:39 PM PDT by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: longtermmemmory
That or simply allow mortgage companies to make loans without requiring insurance. I can see a lender going along with that as long as they can write you a mortgage at 25% or 30% interest.
18 posted on
05/31/2006 8:23:09 PM PDT by
steve86
(Acerbic by nature, not nurture)
To: longtermmemmory
allow mortgage companies to make loans without requiring insurance They are, and have always been, allowed.
56 posted on
06/01/2006 6:22:46 AM PDT by
laotzu
To: longtermmemmory
Say goodbye to mortgages in that case. When you buy a car and get a loan, the bank requires you to provide full coverage. Houses are much more expensive.
59 posted on
06/01/2006 9:35:29 AM PDT by
gogeo
(The /sarc tag is a form of training wheels for those unable to discern intellectual subtlety.)
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