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Top 10 U.S. cities for mortgage delinquency
Slideshow November 25, 2024 at 10:29 AM
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Mortgage insurance protects the lender in the event an insured is unable to afford their loan payments. This coverage pays the lender a portion of the loan principal, though the homeowner will still be responsible for the loan balance and is vulnerable to foreclosure if they don't catch up on payments.
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