[Hugh R]

Thanks for the info guys. I was just curious. The last time I took out a mortgage was 12 years ago and I had to have PMI on a then Jumbo, $330K. I dropped it eventually when I bought down my jumbo from the proceeds from a rental. I don't think I looked at FHA, maybe I did, I don't remember.

So bottom line is that PMI insurer's didn't end up paying off, the went BK or something? I would have thought that PMI insurers sold all their obligations as credit swaps and such in bundled packages.