HPA (PMI Cancellation)

The objective of this course is to provide the details for cancellation of private mortgage insurance and the disclosures provided to the borrower.


The course covers the following objectives:


- Define the Homeownership Protection Act (HPA)

- Explain the cancellation provisions for Private Mortgage Insurance (PMI)

- Know the disclosure requirements for borrowers who have PMI that describe the PMI cancellation conditions


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