Mortgage Insurance
Learn about the definition for this legal term.
What is Mortgage Insurance?
Insurance on the mortgagor covering instances of disability and the like where the insurance may be obligated to make the payments during disability. Other types of mortgage insurance also may apply.
Further Reading
For more detailed information, see our related Security Transactions And Mortgages terms:
Pass the Bar, Guaranteed
BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).