CODE OF VIRGINIA

MORTGAGE GUARANTY INSURANCE (§ 38.2-128)

“Mortgage guaranty insurance” means indemnifying lenders against
financial loss arising from nonpayment of principal, interest, or other sums due
under the terms of any evidence of indebtedness secured by a mortgage, deed of
trust, or other instrument constituting a lien or charge on real property.

HISTORY: 1986, c. 562.