Private Mortgage Insurance : Cancellation Options.

Provides background on private mortgage insurance (PMI) and discusses the reported industry practice of requiring and collecting PMI when it is no longer necessary. Discusses PMI cancellation provisions of the Homeowners Protection Act of 1998 that would require notification of the borrower when con...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2001.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Provides background on private mortgage insurance (PMI) and discusses the reported industry practice of requiring and collecting PMI when it is no longer necessary. Discusses PMI cancellation provisions of the Homeowners Protection Act of 1998 that would require notification of the borrower when conditions have been met and PMI can be canceled or would provide for automatic termination of PMI.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.