mortgage insurance

noun

Insurance that compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan.

Meanings

nounmortgage insurance (uncountable)
  1. uncountableInsurance that compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan.
Cite this entry
APA

mortgage insurance. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/mortgage%20insurance

MLA

“mortgage insurance.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/mortgage%20insurance. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “mortgage insurance,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/mortgage%20insurance.

Source: mortgage insurance on Wiktionary, CC BY-SA 4.0.