PET - Plain English Taxonomy

Attribute: OI11606
Concept:
Label: Is the reporting party a lenders mortgage insurer (LMI)?
Concept Guidance:
This indicates whether the reporting entity is a Lenders Mortgage Insurer (LMI).Lenders mortgage insurer means an insurer that has written or reinsured, or proposes to write or reinsure, policies of lenders mortgage insurance.Lenders mortgage insurance has its ordinary commercial meaning and includes insurance under a policy which protects a lender from losses in the event of borrower default on a loan secured by a mortgage over residential or other property.A choice of TRUE/FALSE values.true = The reporting entity is a lenders mortgage insurer. false = The reporting entity is not a lenders mortgage insurer. 
Dimensions
This attribute does not have any dimensions.