The mortgage and housing industry, however aren’t as pleased with the potential opening for the insurance industry, pointing out that more realistic premium pricing may exclude some buyers. “They can’t qualify (for the loan). Imagine that Joe gets on there, and we’ve got a flood insurance quoted at $2,000, and you’ve got a 46% debt ratio,” Kimber White the National Association of Mortgage Broker (NAMB) president told mpamag.com’s Matt Sexton. “And next thing you know, it’s $6,000, you just blew their debt ratio and their qualifying ability out of the water. So they can’t qualify.”