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  • 20:24, 23 December 2023 AlizaS0862 talk contribs created page User:AlizaS0862 (Created page with "The maximum amortization period for brand new insured mortgages was reduced from 40 years to 25 years or so in 2011 to lessen taxpayer risk exposure. Renewing greater than 6 months before maturity leads to discharge penalties and forfeiting any remaining discount period rates. Mortgage Renewals allow existing homeowners to refinance their mortgage when their original term expires. Mortgage loan insurance protects lenders against defaults and ensures responsible borrowing...")