PMI Requirements

March 2000

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Table of Contents

Welcome to PMI Requirements

PMI Requirements

Required Disclosures and Notices

MC Helps You Meet Those Requirements

Initial Disclosure at Closing

Annual Notice on Escrow Analysis History Form

Escrow Record Stores Two Stop Dates

Compare Requests for Cancellation to This Report

Who Could be Terminated

Possible Terminations for High Risk Loans

PMI Termination Selections

Notify Borrower When PMI Has Been Terminated

Field 49

If Cancellation Requested is Honored and/or PMI is Terminated

Let’s take a fast break!

Author: Peggy N. Empey

E-mail: peggyn@mcoffice.com

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