Cancellation of Private Mortgage Insurance
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Published on 2000 by
The U.S. Federal Trade Commission (FTC) presents the July 2000 consumer alert |Cancellation of Private Mortgage Insurance: Federal Law May Save You Hundreds of Dollars Each Year| in PDF format. The alert provides information about the Homeowners Protection Act of 1998 that went into effect in 1999. The law establishes rules for automatic termination and borrower cancellation of private mortgage insurance (PMI) on home mortgages.
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