This is not legal advice for your situation*

"Mortgage Insurance” Column Added to Initial Amortization Schedule

Although not required by the Homeowners Protection Act of 1998, DocMagic has added a column to its initial amortization schedules (file names IAS.PMI and USAS.MSC) that reflects the borrower's monthly payment of private mortgage insurance. This column has been added to provide an additional disclosure to the borrower when there is PMI.
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*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.


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