MORTGAGE-GUARANTEE INSURANCE

By SovConn | June 1, 2013

mortgage-guarantee insurance.Insurance provided by the Mortgage Guarantee Insurance Company to mortgage lenders that grant mortgages to parties having less than a 20% down

payment. • The cost of the insurance is included in the closing costs. [Cases: Mortgages 201.

C.J.S. Mortgages §§ 311–314.]

[Blacks Law 8th]

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