NLIC.org

Donald Said:

is it better to buy PMI upfront rather than getting a piggyback loan to avoid PMI?

We Answered:

If you can't afford to put 20% down on the house, you shouldn't be buying the house. Avoid both.

Ellen Said:

How and when is PMI removed on FHA loans?

We Answered:

Government loans never drop their PMI. You have to use a private or public lender for that.

Annette Said:

Home was foreclosed and sold at public auction. PMI Is now sueing for balance. What do I do?

We Answered:

It probably means bankruptcy. You best recourse is to talk to an attorney. If you really have no assets - you have nothing to lose. So file bankruptcy.

Tina Said:

What are the real benefits of PMI membership, and is it worth the $119 (+$10 application fee) to join them?

We Answered:

From what I have seen, it's not so much the cost of PMI membership as it is the "gymnastics" you have to go through to be certified. You need to do that to be worth anything. Now, to continue, in my experiences, many companies do not see the value in PMI certification because of the incredible processes it demands teams to go through. They simply don't do it these days, even if they say they do. Creative thinking requires quick movement, trying new things, doing more of what works, less of what doesn't. It's not dependent on how much process (read bureaucracy) is created by the environment. Good Luck! Check with the kind of companies you are interested in working with. They may or may not want or see the value of PMI certification.

Jane Said:

What is the PMI (Plus Minus Interesting) things about the Arthur Ashe Stadium and the Rod Laver arena?

We Answered:

Hope this helps:

http://en.wikipedia.org/wiki/Arthur_Ashe…
http://en.wikipedia.org/wiki/Rod_Laver_A…

:)