§ 515C.1 Definition
§ 515C.2 Eligibility for insurance
§ 515C.3 Bases for computations
§ 515C.4 Contingency reserve
§ 515C.5 Limit of outstanding liability
§ 515C.6 Determination of loss reserves
§ 515C.7 Rate-making provisions
§ 515C.8 Policy forms approved
§ 515C.9 Restrictions on advertising
§ 515C.10 Law applicable
§ 515C.11 Mortgages secured by first lien on real estate

Terms Used In Iowa Code > Chapter 515C - Mortgage Guaranty Insurance

  • Commissioner: means the commissioner of insurance. See Iowa Code 510.1B
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Insurer: means a person duly licensed in this state as an insurance company pursuant to this subtitle. See Iowa Code 510.1B
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.1
  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1