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... > contexts > demography > residence characteristics > housing > mortgage finance > mortgage insurance
... > contexts > population characteristics > health > public health > epidemiologic measurements > demography > residence characteristics > housing > mortgage finance > mortgage insurance
... > contexts > population characteristics > demography > residence characteristics > housing > mortgage finance > mortgage insurance

Preferred term

mortgage insurance  

Definition

  • Mortgage insurance covers a lender's investment in a mortgage loan against the potential default of a borrower. Mortgage insurance has contributed to the growth of homeownership and the creation and expansion of the secondary mortgage market where loan portfolios are packaged, sold, and securitized with mortgage-backed securities. [Source: The Encyclopedia of Housing; Mortgage Insurance]

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https://concepts.sagepub.com/social-science/concept/mortgage_insurance

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