Like home or auto insurance, mortgage insurance requires payment of a premium, is for protection against loss, and is used in the event of an emergency. If a borrower can't repay an insured mortgage loan as agreed, the lender may foreclose on the property and file a claim with the mortgage insurer for some or most of the total losses.
Here’s how to restore the missing brass hardware on an antique door. The ghost image of original brass hardware is often visible. It can be replicated by tracing the impression. A cardboard template is made to scribe the design. The brass is cut on a bandsaw and smoothed with a belt sander. The piece is polished and installed on the door.