Mortgage insurers create workout Web sites

PMI Mortgage Insurance is the latest private mortgage insurer to launch a Web site aimed at helping homeowners avoid foreclosure.

Citing a Freddie Mac study that showed lenders are unable to contact more than half of all borrowers in foreclosures -- and knowing that many homeowners look for help on the Internet -- PMI said today the company created the site to make accurate information available.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.