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  2. Private mortgage insurance (PMI): What it is and how it works

    www.aol.com/finance/private-mortgage-insurance...

    Private mortgage insurance (PMI) is an extra expense that conventional mortgage holders have to pay lenders each month. It typically applies to borrowers whose down payment on a home is less than ...

  3. How to get rid of private mortgage insurance (PMI) - AOL

    www.aol.com/finance/rid-private-mortgage...

    When does PMI go away? The Homeowners Protection Act of 1998 requires that lenders remove private mortgage insurance when a borrower reaches a 78 percent loan-to-value (LTV) ratio.

  4. Lenders mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Lenders_mortgage_insurance

    Lenders mortgage insurance (LMI), also known as private mortgage insurance (PMI) in the US, is a type of insurance payable to a lender or to a trustee for a pool of securities that may be required when taking out a mortgage loan.

  5. Mortgage protection insurance: What it is and when you ... - AOL

    www.aol.com/finance/mortgage-protection...

    Key takeaways. Not to be confused with private mortgage insurance (PMI), mortgage protection insurance (MPI) helps cover your mortgage payment if you die or become disabled and can't work. MPI is ...

  6. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan.

  7. PMI Group - Wikipedia

    en.wikipedia.org/wiki/PMI_Group

    The PMI Group is a holding company whose primary subsidiary is the PMI Mortgage Insurance Co. (PMI). The company was founded in 1972 by Preston Martin and is headquartered in Walnut Creek, California . PMI has a 50% equity ownership in CMG Mortgage Insurance Company, founded in 1994 as a JV with C UNA M utual G roup, and CMG Mortgage Assurance ...

  8. Paying PMI? Here’s How to Remove the Monthly Mortgage ... - AOL

    www.aol.com/finance/paying-pmi-remove-monthly...

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  9. Collateral protection insurance - Wikipedia

    en.wikipedia.org/wiki/Collateral_protection...

    Collateral Protection Insurance on mortgage properties, otherwise known as Mortgage Protection Insurance (MPI) has been under scrutiny in the United States. After the 2007–2008 financial crisis and the rise in foreclosures, lender purchased "force-placed" or "lender-placed" insurance became more prominent.

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