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Foundations on Demand
MI Essentials
In this course, you'll learn the basics of mortgage insurance. This will include an overview of how it works and the different types of MI products.
Introduction
What is Mortgage Insurance?
How Does Mortgage Insurance Work?
What happens when a borrower defaults on a loan?
Mortgage Insurance Cancellation
This series will provide you with a basic overview of mortgage insurance and the role mortgage insurance plays in protecting homebuyers and lenders.
Learn how MI protects a lender against losses if a homeowner defaults on the payments of their mortgage loan.
Review how an individual and a lender qualify for MI and learn about the types of mortgage insurance products Radian offers.
Learn what happens when a borrower defaults on a mortgage loan, and how mortgage insurance may aid in avoiding or minimizing financial losses for all parties involved.
Understand how MI cancellation works, including when and how MI coverage can be canceled. Explore scenarios such as borrower-requested cancellations, automatic terminations, and final terminations.
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