If you’re looking for a home loan, chances are you’ve heard about a product called lenders mortgage insurance. Better known as LMI, it’s got an almost evil reputation, and many borrowers will move ...

LMI Aerospace (LMIA) announced that profit in the first quarter declined by 77 percent to $951,000 versus the same period last year, partially due to a $4.8 million charge related to costs from the ...

Mortgage insurer Genworth Financial has supported a government move to introduce a fact sheet to educate homebuyers on home loans with lenders mortgage insurance (LMI). The announcement comes on the ...

Two in five potential home buyers do not understand what lenders' mortgage insurance (LMI) actually does, according to a survey conducted by Mortgage Choice. And one-third of the survey's respondents ...