Sentences with phrase «lender against financial loss»

Homeowners insurance is designed to protect both the homeowner and lender against financial loss from a variety of hazards that may have a negative impact on the home's value.
A PMI policy protects the lender against financial losses that would result if the borrower were unable to repay the loan.
This insurance protects lenders against financial losses that result when homeowners default and stop making their mortgage payments.

Not exact matches

The lender will use the fee for an insurance policy to protect them against financial loss in the event of a borrower not meeting their mortgage payments.
It is intended to protect an owner's or a lender's financial interest in real property against loss due to title defects, liens or other matters.
Housing Law Unlawful Detainer Defense Tenant Rights Security Deposit Habitability Claims Reasonable Accommodations Mortgage / Foreclosure Counseling Consumer Finance & Mortgage Fraud Financial Literacy Training Loan Modification / Loss Mitigation Assistance Preliminary Injunctions to Prevent Foreclosure Sales Civil Litigation Against Lenders for Homeowners Bill of Rights Violations / Civil Litigation for Misrepresentation or Fraud in Homeowner Mortgages
This is basically a form of indemnity insurance (protecting the lender) against financial loss.
It is meant to protect an owner's or lender's financial interest in real property against loss due to title defects, liens or other matters.
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