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).
DEFINITION of 'Private Mortgage Insurance-PMI'. A risk-management product that protects lenders against loss if a borrower defaults. Most lenders require private mortgage insurance (PMI) for loans with loan-to-value (LTV) percentages in excess of 80% (the buyer put down less than 20% of the home's value upon purchase).