A bank may hold bonds as an investment, but not the loans they created, except for portfolio type loans.PMI is for conventional loans, FHA has MIP, guidelines stem from securitization requirements for the entire pool.

While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stocks and bonds. 

.- Bonds seem like a bad bet as an investment with interest rates seem poised to increase for the forseable future- Cash seems like a poor choice, with inflation currently high and I believe likely to continue- Cryptocurrency is super volatile and while everyone has a great argument for this currency vs the other one, it seems like anybody's guess as to which coins will actually be widely adopted long-term- Gold and commodities, like energy, seem interesting and like they might do well with challenges in the supply chain and inflation looming.  

Continue to strengthen your credit and when you go to get a loan there will be an advantage on rates.

Life Companies - Most lifecos are taking a pause and not quoting new business given the recent spread widening in investment grade corporate bonds.

@Amy Xu Depending how long since their license shut down there could be a bond on file.

We've had it treated and bonded, but now I'm wondering if we should consider having all of our properties treated and bonded.

@Jaron Walling Request a copy of insurance and bond...he should have copies in the glove box of his truck.

with all of these folks off shore I would say 99.9% of them are Nigerian scammers. and they are targeting you  a beginner who knows no better.. but your rational and intelligent so you can see that this seems a little too easy right.... send a few e mails and they promise you a 2 million dollar loan at 2% you just need to buy this Bond in Thailand to secure the repayment its just 5k for the bond etc etc. 

THE WIFE  ... who bonds well with the WIFE mostly other female agents..