Revised Code of Washington - RCW Title 61 Mortgages, Deeds Of Trust, And Real Estate Contracts - Chapter 61.10 Mortgage Insurance
- 61.10.010 Definitions
As used in this chapter: (1) "Institutional third party" means the federal national mortgage association, the federal home loan mortgage corporation, the government national mortgage ...
- 61.10.020 Condition of residential mortgage transaction -- Disclosures -- Notices -- Harm to borrower -- Compliance with federal requirements
(1) If a borrower is required to obtain and maintain mortgage insurance as a condition of entering into a residential mortgage transaction, the lender shall ...
- 61.10.030 Termination of insurance during term of indebtedness -- Exception -- Required conditions -- Application to residential mortgage transactions -- Compliance with federal requirements
(1) Except when a statute, regulation, rule, or written guideline promulgated by an institutional third party applicable to a residential mortgage transaction purchased in whole ...
- 61.10.040 Not required when loan is less than eighty percent of value -- Compliance with federal requirements
On or after July 1, 1998, no borrower entering into a residential mortgage transaction in which the principal amount of the loan is less than ...
- 61.10.900 Severability -- 1998 c 255
If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application ...
- 61.10.901 Effective date -- 1998 c 255
This act takes effect July 1, 1998.[1998 c 255 § 6.] ...
Last modified: April 7, 2009