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Refinance and Mortgage Encyclopedia - mortgage insurance company
Mortgage insurance companyA company that insures, to lenders, conventional loanA private sector loan, one that is not guaranteed or insured by the U.S. government. Federally backed repaymentA loan is borrowed money that must be repaid. You have a choice of repayment plans if you received a in the event of defaultThe inability to make timely monthly mortgage payments or otherwise comply with mortgage terms. A loan and/or foreclosureThe legal process used to force the payment of debt secured by collateral whereby the property is sold. |
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