Homeowners Protection Act

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:administeredBy gptkb:Consumer_Financial_Protection_Bureau
gptkbp:alsoKnownAs PMI Cancellation Act
gptkbp:appliesTo residential mortgage loans
single-family primary residences
gptkbp:citation Public Law 105-216
gptkbp:codifiedIn 12 U.S.C. § 4901 et seq.
gptkbp:compatibleWith gptkb:VA_loans
FHA loans
gptkbp:enactedBy gptkb:United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label Homeowners Protection Act
gptkbp:provides disclosure requirements for lenders
remedies for violations
gptkbp:purpose to protect homeowners from unnecessary private mortgage insurance payments
gptkbp:regulates private mortgage insurance
gptkbp:requires automatic termination of PMI
borrower-initiated cancellation of PMI
gptkbp:signedBy gptkb:Bill_Clinton
1998-07-29
gptkbp:startDate 1999-07-29
gptkbp:bfsParent gptkb:private_mortgage_insurance_(PMI)
gptkbp:bfsLayer 7