PMI Companies pull out of California!

For those living in Claifornia as if you weren't troubled enough by declining real estate prices, crushing real estate taxes and potential tax hikes to boot, now it is going to get even tougher for them to obtain a mortgage because effective immediatley, the PMI (Private Mortgage Insurance) Companies are pulling out of California for all but those who have a 720 or higher credit scores. Another reason to be sure of what is happening to your credit!