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You are here: Home » Resources » Articles » Understanding PMLS and Managing Engineering Providers

July 30, 2009

Understanding PMLS and Managing Engineering Providers

By Joseph Derhake, PE

In a land plagued by earthquakes, lenders seek to protect their portfolio from seismic collapse and the mortgage brokers must overcome one more hurdle to fund a deal. Lenders interested in understanding the seismic risk to their collateral require Probable Maximum Loss (PML) reports as explained in this article.

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