private mortgage insurance
Defined in 1 place of the United States Code.
The term "private mortgage insurance" means mortgage insurance other than mortgage insurance made available under the National Housing Act [12 U.S.C. 1701 et seq.], title 38, or title V of the Housing Act of 1949 [42 U.S.C. 1471 et seq.].
Source
- 1998–present12 U.S.C. § 4901Banks and Banking · Definitions · in this chapter