Lenders mortgage insurance
id:
lenders-mortgage-insurance-275-11777998
title:
Lenders mortgage insurance
text:
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 able to recover its costs after foreclosure and sale of the mortgaged property.
brand slug:
wiki
category slug:
encyclopedia
description:
Private mortgage insurance
original url:
https://en.wikipedia.org/wiki/Lenders_mortgage_insurance
date created:
date modified:
2024-01-05T05:50:57Z
main entity:
{"identifier":"Q6522335","url":"https://www.wikidata.org/entity/Q6522335"}
image:
fields total:
13
integrity:
14