Some interesting articles and correspondence have come my way lately. A client of mine that works in the Insurance field sent me the following article and I thought it apt to be posted here. (Thanks Phil)
Some banks are confusing the home mortgage amount with the replacement value of insurable buildings. In other words, some banks are [...]
Posts Tagged ‘mortgage’
Mortgage Blame Game
July 21, 2008Mortgage Insurance
January 17, 2008An article crossed my desk that mentioned homeowners with a new mortgage originated between 2007 and 2010 carrying PMI (Private Mortgage Insurance) lets taxpayers with an adjusted gross income of less than $100,000 write off the full cost of the PMI. For people that earn less than $109,000, they can take a write-off for only part [...]
