MMI
Noun
Meaning
(computing) Initialism of man-machine interface.
(seismology) Initialism of modified Mercalli intensity.
Source: en.wiktionary.orgExamples
Canceling FHA mortgage insurance The FHA insurance payments include two parts: the upfront mortgage insurance premium (UFMIP) and the annual premium remitted on a monthly basis—the mutual mortgage insurance (MMI).
FHA loans are insured through a combination of an upfront mortgage insurance premium (UFMIP) and annual mutual mortgage insurance (MMI) premiums.
MMI, although annual, is included in monthly mortgage payments and ranges from 0 – 1.35% of loan value (again, depending on LTV and duration).
Examples are maximum mutual information (MMI), minimum classification error (MCE) and minimum phone error (MPE).
He did however own 30% of a German company Marken Marketing International (MMI) run by his grandson Igor.
It adds a certain amount to your monthly payments, but this is not PMI, nor is it the MMI.