---
kind: "section"
citation: "12 U.S.C. § 4910"
title: "12"
title_heading: "Banks and Banking"
number: "4910"
heading: "Construction"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/4910"
units:
  - "Chapter 49 — Homeowners Protection"
---

# §4910. Construction

- (a) **PMI not required—** Nothing in this chapter shall be construed to impose any requirement for [private mortgage insurance](/usc/12/4901.md?p=13) in connection with a [residential mortgage transaction](/usc/12/4901.md?p=15).
- (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](/usc/12/4901.md?p=11) and the holder of the [mortgage](/usc/12/1707.md?p=a), of a requirement for [private mortgage insurance](/usc/12/4901.md?p=13) in connection with a [residential mortgage transaction](/usc/12/4901.md?p=15) before the cancellation or [termination date](/usc/12/4901.md?p=18) established by this chapter for the [mortgage](/usc/12/1707.md?p=a).

## Source credit

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

## Notes

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective 1 year after July 29, 1998, see section 13 of Pub. L. 105–216, set out as a note under section 4901 of this title.