FEDERAL · 12 U.S.C. · Chapter 49
Construction
Current through Pub. L. 119-102
(a)PMI not required
Nothing in this chapter shall be construed to impose any requirement for private mortgage insurance in connection with a residential mortgage transaction.
(b)No preclusion of cancellation or termination agreements
Nothing in this chapter shall be construed to preclude cancellation or termination, by agreement between a mortgagor and the holder of the mortgage, of a requirement for private mortgage insurance in connection with a residential mortgage transaction before the cancellation or termination date established by this chapter for the mortgage.
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12 U.S.C. § 4910 (Construction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Dwoskin v. Bank of America, N.A.
850 F. Supp. 2d 557 (D. Maryland, 2012)
Fellows v. CitiMortgage, Inc.
710 F. Supp. 2d 385 (S.D. New York, 2010)
Augustson v. Bank of America, N.A.
864 F. Supp. 2d 422 (E.D. North Carolina, 2012)
Steve Kovachevich v. National Mortgage Insurance Corporation
140 F.4th 548 (Fourth Circuit, 2025)
Ciolino v. Seterus, Inc.
202 F. Supp. 3d 841 (N.D. Illinois, 2016)
Abruscato v. Wells Fargo Bank, N.A., d/b/a Wells Fargo Home Mortgage
(N.D. Illinois, 2022)
Source Credit
History
(Pub. L. 105–216, §11, July 29, 1998, 112 Stat. 908.)
Editorial Notes
Statutory Notes and Related Subsidiaries
Effective Date
Section effective 1 year after July 29, 1998, see section 13 of Pub. L. 105–216, set out as a note under section 4901 of this title.
Effective Date
Section effective 1 year after July 29, 1998, see section 13 of Pub. L. 105–216, set out as a note under section 4901 of this title.