PUBLIC MARKS from mimieganz with tag "private mortgage insurance"

Many a first-time homebuyer has grumbled about paying privatemortgage insurance. This article discusses the particulars ofprivate mortgage insurance, also known as "PMI." Private Mortgage Insurance Unless they owners are insane, every business in the UnitedStates carries some form of insurance to protect against losses.The various lending institutions that issue home loans, equitylines and refinances to borrowers are no different. Theinsurance they carry is private mortgage insurance.