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Posts Tagged ‘Loan Obligations’

 

What is private mortgage insurance and who gets the money when a person cannot fullfil their loan obligations?

Sunday, June 7th, 2009
Jeanie S asked:


If you don 't put 20% on the floor in a mortgage that you must pay private mortgage insurance. So with all that goes belly up with these loans because it pays and the ppl who took this money?

Caroline
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