12 U.S.C. § 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 .

Related documents

• 11 U.S.C. § 102 — Rules of construction#563292
• 42 U.S.C. § 10141 — Certain standards and criteria#590330
• 16 U.S.C. § 669a — Definitions#570008
• 16 U.S.C. § 7911 — Definitions#568025
• 16 U.S.C. § 1286 — Definitions#569197