Why We Should Take a Solutions Approach to the Crisis and Look at Some Things DifferentlyBy Peter Schiff, President of Euro Pacific Capital, Inc. Author of The Little Book of Bull Moves in Bear MarketsI don't think we're going to see any light at the end of the tunnel until we have a clear, objective understanding of how we got into this mess in the first place. There is a tendency whenever major problems occur in the economy to place blame on external factors and to assume that the external factors can be prevented from causing similar problems in the future by expanding the government's regulatory powers. The problem I have with this kind of thinking is that it makes government bigger and more intrusive without ever getting at the root of the problem, which is usually the government ...

Mortgage insurers are hardly popular among investors at the moment. But Andrew Snyder says MGIC Investment Corp. (NYSE:MTG) is likely to survive the real estate meltdown. And as shares are already down 95% from their peak in March 2007, further downside potential is limited.

More from Today’s Financial News:

Every month, millions of Americans write a check for mortgage insurance. If our mortgages are insured, how did we get into this mess? And what the heck is mortgage insurance, anyway?

If you have ever bought a house and could not come up with the standard 20% down payment, you may know a thing or two about private mortgage insurance (PMI). In fact, you probably paid thousands of dollars during the first ten or fifteen years of your mortgage in premiums to buy the unfamiliar insurance.

Millions of homebuyers are required to have PMI, yet few folks know much about it. They know even less

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