White House Down is directed by Roland Emmerich and based on a screenplay by James Vanderbilt, who is also one of the film's producers. Sony Pictures purchased Vanderbilt's spec script in March 2012 for $3 million, in what The Hollywood Reporter called one of the biggest spec sales in quite a while.
mortgage protection policy noun [C]. âº an âagreement to make âregular âpayments to an âinsurance âcompany, who will âpay the âamount that you âowe on a âmortgage if you are unable to âpay it.(Definition of mortgage protection policy from the Cambridge Business English Dictionary Â© Cambridge University Press). Browse.1  mortgage lending. an âagreement to make âregular âpayments to an âinsurance âcompany, who will âpay the âamount that you âowe on a âmortgage if you are unable to âpay it. (Definition of mortgage protection policy from the Cambridge Business English Dictionary Â© Cambridge University Press).
Standard Clause. Mortgage clauses come in different types. A standard mortgage clause protects the mortgagee if harm or loss occurred by fault of the policy holder. If the homeowner burns down his house, the bank is indemnified and still collects money from the insurance company to cover the loan amount.