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Is a PMI Disclosure Required for 2nd Homes?

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Is a PMI Disclosure Required for 2nd Homes?

12 U.S. Code § 4901. Definitions

(14) Residential mortgage

The term “residential mortgage” means a mortgage, loan, or other evidence of a security interest created with respect to a single-family dwelling that is the principal residence of the mortgagor.

First published on 06/21/2020

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