12-U.S.C.-4910
§4910 – Construction
Pathway
Title 12 > Chapter 49 > Section 4910
Details
- Reference: Section 4910
- Legend: §4910 – Construction
- USCode Year: 2013
Provision Content
(a) PMI not required
Nothing in this chapter shall be construed to impose any requirement for private mortgage insurance in connection with a residential mortgage transaction.
(b) No preclusion of cancellation or termination agreements
Nothing in this chapter shall be construed to preclude cancellation or termination, by agreement between a mortgagor and the holder of the mortgage, of a requirement for private mortgage insurance in connection with a residential mortgage transaction before the cancellation or termination date established by this chapter for the mortgage.
(Pub. L. 105–216, §11, July 29, 1998, 112 Stat. 908.)
U.S. Encyclopedia of Law Coverage
12-U.S.C.-4901 in the Legal Encyclopedia: Banking Law
In this entry about 12-U.S.C.-4901, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.
12-U.S.C.-4905 in the Legal Encyclopedia: Housing
In this entry about 12-U.S.C.-4905, find legal reference material, bibliographies and premiere content related to housing in the American Encyclopedia of Law, presenting a comprehensive view of the United States housing-specific issues, written by authorities in the field.
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