Recovering from a stroke can happen quickly or can take a long time. How soon someone gets better depends on how bad the stroke was and how healthy the person was before the stroke. People who have had a stroke may need medicine or surgery. Later, they may need rehabilitation (say: ree-huh-bih-luh-TAY-shun).
Also known as Primary Mortgage Insurance, PMI is the lenders (banks) protection in the event that you default on your primary mortgage and no longer make payments and the home ends up going into foreclosure.
19th Nov 2009 by Burt Carlson. PMI stands for Private Mortgage Insurance. This is insurance that a mortgage lender gets to insure itself in part from a loss on a loan. MIP is Mortgage Insurance Premium and is the cost of the insurance. On an FHA home loan the borrower is required to pay an up front payment based on a certain percentage of the loan amount. This is called the Up Front Mortgage Insurance Premium (UFMIP) and is included in the costs of an FHA loan. FHA also requires that a borrower pay a certain percentage of the loan amount monthly toward mortgage insurance.