Backstopping the mortgage market
Attorney Julie Aldort was quoted in the article, "Backstopping the mortgage market," in Best Review.
“To me, the fact that reinsurance is involved seems like it would ultimately be a good thing, because you've got more people to shoulder the burden,” said Julie Rodriguez Aldort...with a practice in reinsurance and mortgage insurance.
The mortgage insurance industry, she noted, “paid a steep price” in the housing crisis. “We all learned a big lesson from that,” she said. “It looks like for the most part the companies are recovering and being creative about how to be better prepared the next time around.”