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Rolf on this doesn't the bank select who insures their exposure for LMI, the borrower doesn't have any involvement in that?

On say 95% LVR for purchase, if the value of your purchase falls by say 15% and you then have negative equity how would this normally play out. Can the bank at any time request an updated valuation and if you have negative equity then force you to top up cash or force a sale of the property? Or...

Have some people found the additional transaction costs due to LMI really eats up a lot of the potential cap gain, after all the cap gain is uncertain the LMI payable is not.

If your sitting on 80% LVR on your existing portfolio and you're not able to expand for some time if you hold 80% LVR on the next purchase, what thoughts do people have on moving existing holdings above 80% LVR, and likely for the next purchase, to fund additional purchases? Is anyone else...