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	<title>Mortgage Explained &#187; lenders mortgage insurance</title>
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		<title>Private Mortgage Insurance</title>
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		<pubDate>Thu, 14 Jan 2010 17:07:02 +0000</pubDate>
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				<category><![CDATA[Basics]]></category>
		<category><![CDATA[lenders mortgage insurance]]></category>
		<category><![CDATA[mortgage insurance]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[Private Mortgage Insurance]]></category>

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Private mortgage insurance or lenders mortgage insurance is a type of financial product that is designed to protect the lender in case the borrower makes a default or is unable to pay the mortgage payments. Private mortgage insurance ensures that if the mortgagor is unable to pay back the mortgage loan amount even after foreclosure [...]]]></description>
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