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).
FHA mortgage insurance premium, or MIP, is a type of insurance policy that protects lenders if an FHA loan holder defaults on his or her mortgage. This insurance allows lenders to issue FHA loans requiring very small down payments and at low rates. FHA MIP reduces lender risk, and the benefits are passed onto the borrower.