ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 12 days agoA conundrumlemmy.worldimagemessage-square273fedilinkarrow-up11.65Karrow-down117
arrow-up11.64Karrow-down1imageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 12 days agomessage-square273fedilink
minus-squareRivalarrival@lemmy.todaylinkfedilinkEnglisharrow-up1·11 days agoThe alternative is some variety of private mortgage insurance. The insurer bets that housing prices will rise, so that you won’t default. If you do default, they reimburse the lender on their losses associated with your default.
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·11 days agoas in the subject of this post, yes.
The alternative is some variety of private mortgage insurance. The insurer bets that housing prices will rise, so that you won’t default. If you do default, they reimburse the lender on their losses associated with your default.
as in the subject of this post, yes.