Private Mortgage Insurance (PMI) – What is the Borrower Really Paying for?

Private Mortgage Insurance (PMI) – What is the Borrower Really Paying for? As attorneys who provide a variety of real estate and mortgage related services, including real estate closings and handling real estate disputes, we know that many (most?) borrowers really don’t understand private mortgage insurance. Known as PMI, private mortgage insurance is to benefit… Read more »

Being Sued by a Mortgage Insurance Company for an Insurance Policy you Paid for?

Being Sued by a Mortgage Insurance Company for an Insurance Policy you Paid for? As attorneys who provide a variety of real estate and mortgage related services, including foreclosures and post-foreclosure disputes, we know that many (most?) borrowers really don’t understand private mortgage insurance. Known as PMI, private mortgage insurance is to benefit the lender,… Read more »