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  2. 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 ...

  3. 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 monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. PMI must be terminated at a certain point in your loan term ...

  4. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    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. Mortgage insurance can be either public or private depending upon the insurer.

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

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

    You must do the following to cancel PMI: Make the PMI cancellation request to your lender or servicer in writing. Be current on your mortgage payments, with a good payment history. Meet other ...

  6. 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. Its purpose is to offset losses in the case where a mortgagor is not able to repay the loan and the lender is not ...

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

    www.aol.com/private-mortgage-insurance-pmi-works...

    For premium support please call: 800-290-4726 more ways to reach us

  8. MGIC Investment Corporation - Wikipedia

    en.wikipedia.org/wiki/MGIC_Investment_Corporation

    Website. www.mgic.com. MGIC Investment Corporation NYSE : MTG ("MGIC") is a provider of private mortgage insurance in the United States. [1] The company is headquartered in Milwaukee, Wisconsin . In addition to mortgage insurance, MGIC provides lenders with various underwriting and other services and products related to home mortgage lending.

  9. What is a mortgage? A definitive guide for aspiring homeowners

    www.aol.com/finance/mortgage-definitive-guide...

    A mortgage is a long-term loan from a financial institution that helps you purchase a home, with the home itself serving as collateral. Mortgage payments typically consist of principal (the amount ...

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