Statute · United States Code
12 U.S.C. § 4910 — Construction
12 U.S.C. § 4910
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2026-10-22
(a) PMI not required Nothing in this chapter shall be construed to impose any requirement for private mortgage insurance in connection with a residential mortgage transaction. (b) No preclusion of cancellation or termination agreements Nothing in this chapter shall be construed to preclude cancellation or termination, by agreement between a mortgagor and the holder of the mortgage, of a requirement for private mortgage insurance in connection with a residential mortgage transaction before the cancellation or termination date established by this chapter for the mortgage.
Citator
12 U.S.C. § 4910 — Construction is in force in the current edition of the Code, and nothing recorded condemns it.
(a) PMI not required Nothing in this chapter shall be construed to impose any requirement for private mortgage insurance in connection with a residential mortgage transaction. (b) No preclusion of cancellation or termination agreements Nothing in this chapter shall be construed to preclude cancellation or termination, by agreement between a mortgagor and the holder of the mortgage, of a requirement for private mortgage insurance in connection with a residential mortgage transaction before the cancellation or termination date established by this chapter for the mortgage.