Mortgage insurance
Definition
Insurance against loss provided to a mortgage lender in the event of borrower default. In most cases, the borrower pays the premiums. For articles on mortgage insurance, see Mortgage Insurance.
Related Terms Other terms related to 'Mortgage insurance' starting with the letter 'M' Mortgage program, Margin, Mortgage insurance cancellation, Minimum down payment, Mortgage bank Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 