Mortgage Insurer Ranks Risk in Top Markets


A company that writes mortgage insurance and weighs how risky the loans are says that the odds are about one in three that the 50 largest metro areas will see home prices decline over the next two years.
“The risk nationally is still pretty high compared to the long-term,” says Mark Milner, senior vice president and chief risk officer for PMI Mortgage Insurance Company, based in Walnut Creek, Calif. “When prices go up