12 USC § 4910 - Construction

---
identifier: "/us/usc/t12/s4910"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 4910 - Construction"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "4910"
section_name: "Construction"
chapter_number: 49
chapter_name: "HOMEOWNERS PROTECTION"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 105–216, § 11, July 29, 1998, 112 Stat. 908.)"
---


# § 4910. Construction

**(a)** **PMI not required** Nothing in this chapter shall be construed to impose any requirement for private mortgage insurance in connection with a residential mortgage transaction.

**(b)** **No preclusion of cancellation or termination agreements** Nothing in this chapter shall be construed to preclude cancellation or termination, by agreement between a mortgagor and the holder of the mortgage, of a requirement for private mortgage insurance in connection with a residential mortgage transaction before the cancellation or termination date established by this chapter for the mortgage.

---

**Source Credit**: (Pub. L. 105–216, § 11, July 29, 1998, 112 Stat. 908.)

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective 1 year after , see , set out as a note under .