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Mortgage Broker News | 02 Dec 2015, 08:15 AM Agree 0
A roundup of the heated discussion about mortgage defaults and future risk
  • Tony Piattelli | 02 Dec 2015, 11:11 AM Agree 0
    Not even sure why this is an issue. The company that is collecting the insurance premium should be on the hook for any mortgage default as that's the reason clients pay the premium. Must be a pretty good business to be able collect the premium and then shun the responsibility that goes with obligation of collecting the premiums.
  • DeJong | 02 Dec 2015, 10:57 PM Agree 0
    Come on Tony! Give me another example of an insurance policy you have that doesn't require a deductible. It's rare for a reason. It's hard to argue that this isn't common sense.
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