Mortgages Quizzes-"PMI" stands for: - E-PersonalFinance
    • Answer to Quiz
    College Saving
    "PMI" stands for:
    Answer: (c), private mortgage insurance
    "Private mortgage insurance" or "PMI" is an insurance policy protecting the holder of a mortgage loan against loss resulting from a default under the mortgage loan.


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    College Saving
    Which mortgage would not be taken out by a young homebuyer?




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