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Private mortgage insurance and credit default swap | Virginia Modular Homes
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Private mortgage insurance and credit default swap

Tue, Oct 7, 2008

Modular Home Blog

Private mortgage insurance, or PMI, is insurance that most lenders require of borrowers who put less than 20 percent down on a home (or greater than 80 percent loan-to-value or LTV). Once the principal is reduced to a LTV of 80, …

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Private mortgage insurance and credit default swap

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