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What the Heck Is PMI? » Mortgage Masters Group

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Heck, see what they might pay for a 50. I’m looking at Essent Group (ESNT) . Not a really heavy trader, this private mortgage insurance company is a little off the beaten path. The name has been.

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Private Mortgage Insurance, or PMI, is an insurance policy. It pays the lender back when a loan goes into default. It is paid for by the homeowner but benefits the lender.

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