Sentences with phrase «automatic cancellation»

The bill, approved in mid-July, protects homeowners from paying millions of dollars in unnecessary PMI premiums by providing for automatic cancellation of the insurance once homeowners have 22 percent of equity in their properties.

He's also been a key spokesperson for reducing the tax rates on capital gains and depreciation recapture, and he helped push for automatic cancellation of private mortgage insurance.

But the Homeowners Protection Act requires automatic cancellation when the mortgage reaches 80 % loan - to - value ratio.

But the Homeowners Protection Act requires automatic cancellation when the mortgage reaches 80 % loan - to - value ratio.

Among the other issues REALTORS ® discussed with lawmakers were a bill to provide automatic cancellation of unneeded mortgage insurance; banking modernization; reform of the 24 - year - old Real Estate Settlement Procedures Act; natural disaster insurance; and protecting the mortgage interest deduction in the face of tax reform.

In addition, some prenups provide for automatic cancellation after an agreed - upon number of years.

I am aware that my mortgage was originated before August 1999, and that automatic cancellation of PMI is not applicable to my mortgage.

If you're not a candidate for automatic cancellation, if your payment history is suspect, or if you just hate writing letters, you might still be able to cancel your PMI by the tried - and - true method: refinancing.

But the Homeowners Protection Act requires automatic cancellation when the mortgage reaches 80 % loan - to - value ratio.

FHA's Office of Risk Management and Regulatory Affairs estimates that the MMI Fund has foregone billions of dollars in premium revenue on mortgages endorsed from 2010 through 2012 because of this automatic cancellation policy.

Although the Homeowner's Protection Act of 1998 calls for the automatic cancellation of PMI when a 78 % LTV ratio has been reached through normal amortization, I also understand that I may request cancellation of my PMI when I have passed an 80 % LTV threshold.

For some loans, this means that automatic cancellation won't happen until the mid-point of the original payoff schedule.

I called Pacific Union to ensure that the automatic cancellation of PMI had happened.

I do also appreciate the automatic cancellation of his policy as every thing I have to do to remind me brings back the hurt.

Provides you an automatic cancellation cover for all the trips in a particular year.

There is no grace period for auto insurance, so if your payment is late, the insurer may kick into «automatic cancellation» mode, and that's a hassle you want to avoid.

FHA's Office of Risk Management and Regulatory Affairs estimates that the MMI Fund has foregone billions of dollars in premium revenue on mortgages endorsed from 2010 through 2012 because of this automatic cancellation policy.

Automatic cancellations would kick in at 22 percent equity in the Senate bill and 25 percent in the House bill.