Science, asked by sandhyamalladi121, 9 months ago

WHAT IS MORTGAGE INSURANCE ?

Answers

Answered by nandini7447

2

Mortgage Insurance is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer. The policy is also known as a mortgage indemnity guarantee, particularly in the UK.

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Answered by manuraman2011

0

Explanation:

Mortage insurance is that insurance policy which compensates lenders for losses.

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