On Personal Finance | Private mortgage insurance: How to free yourself - 2004-01-08
What's my resolutions... drink eight glasses of water a day, cut back on carbs, exercise... What else am I forgetting? Oh, yes - get rid of PMI. PMI is not a form of bad cholesterol, it's a bad type of mortgage expense - private mortgage insurance.

If you made a down payment of less than 20 percent of your home's price when you got your mortgage, you're probably paying PMI. This insurance is meant to protect the lender in case you stop making payments.
Read the full story at Philadelphia Inquirer

Mortgage nightmares are not finished - 2004-01-08
Sure, the Fairbanks mortgage company agreed in November to repay $40 million to conclue Federal Trade Commission allegations that it had unscrupulously scammed thousands of homeowners into default.

But where does that leave people like Shirley Green of Cape May Court House? Still trying to stave off foreclosure on two modest rental properties that were supposed to be her retirement nest egg.
Read the full story at Philadelphia Inquirer