Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Investor-Purchased Mortgage Insurance

Fannie Mae

Updated 10-31-2026

Investor-Purchased Mortgage Insurance

Mortgage insurance coverage obtained by Fannie Mae after the purchase of a mortgage; a type of financial backing used for some second mortgages in lieu of borrower-purchased or lender-purchased mortgage insurance.

Fannie Mae Glossary of Terms

Fannie Mae · p. 25

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