12 U.S.C. · Banks and Banking
12 U.S.C. § 4910

Construction

Ch. 49 — HOMEOWNERS PROTECTION
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 49
Statutory Text

12 U.S.C. § 4910 — Construction

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 49 - HOMEOWNERS PROTECTION Sec. 4910 - Construction From the U.S. Government Publishing Office, www.gpo.gov

§4910. Construction

(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.

(Pub. L. 105–216, §11, July 29, 1998, 112 Stat. 908.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective 1 year after July 29, 1998, see section 13 of Pub. L. 105–216, set out as a note under section 4901 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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12 U.S.C. § 4910
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The statutory text of 12 U.S.C. § 4910 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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