<prompt> Human: It is my understanding, and is what I was told when I initially got my mortgage with a different company, that in order to remove my PMI I would need to have the home appraised to prove I have 20 equity in my home, and that I would need to have been in the home for 2 years. Just spoke with a representative from the company that currently owns our mortgage. They said the rules are 30 and 5 years. I quoted the The Homeowners Protection Act of 1998 HPA or PMI Cancellation Act, or Act and she said Laws change all the time, these are the rules. I have a conventional loan, have never been late, am in good standing, etc. I have not had my home appraised but am confidant that it would come back showing I have approximately 28 equity. What are the current laws? I am in Utah. Am I being defrauded? What are my rights?  <response>: I would do more homework. Similar case with me, however in NYC. What I did was simply refinanced and the bank had to remove PMI due to appraisal. 