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  2. What is mortgage insurance? - AOL

    www.aol.com/finance/mortgage-insurance-174421492...

    Mortgage insurance is an insurance policy that protects the mortgage lender, but the borrower is the one who pays for it. With mortgage insurance, the lender or titleholder is covered in case you ...

  3. What is title insurance, and do homebuyers need it? - AOL

    www.aol.com/finance/title-insurance-homebuyers...

    When securing a mortgage, lenders require borrowers to obtain a lender’s title insurance policy, also known as a loan policy. This protects the lender in the event of property ownership claims.

  4. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer.

  5. Collateral protection insurance - Wikipedia

    en.wikipedia.org/.../Collateral_protection_insurance

    Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

  6. Payment protection insurance - Wikipedia

    en.wikipedia.org/wiki/Payment_protection_insurance

    Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.

  7. How to remove mortgage insurance on an FHA loan - AOL

    www.aol.com/finance/remove-mortgage-insurance...

    Once mortgage insurance is removed, your monthly mortgage payment will decrease. MIPs range in cost from 0.15 percent to 0.75 percent of your loan principal, depending on how much you borrowed and ...