2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-128. Mortgage guaranty insurance


VA Code § 38.2-128 (2014) What's This?

"Mortgage guaranty insurance" means indemnifying lenders against financial loss arising from nonpayment of principal, interest, or other sums due under the terms of any evidence of indebtedness secured by a mortgage, deed of trust, or other instrument constituting a lien or charge on real property.

1986, c. 562.

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