515C.8 - POLICY FORMS APPROVED. - Iowa Statutes

515C.8 POLICY FORMS APPROVED. All policy forms and endorsements shall be filed with and be subject to the approval of the commissioner of insurance. With respect to owner-occupied single family dwellings and owner-occupied mobile homes, the mortgage insurance policy shall provide that the borrower shall not be liable to the insurance company for any deficiency arising from a foreclosure sale.          Section History: Early Form [C66, 71, 73, 75, 77, 79, 81, § 515C.8]