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Is Mortgage Insurance the same as Homeowners??

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For 2007 you can use Mortgage Insurance as a tax deduction...but is this the same thing as Homeowners insurance???

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No. Mortgage insurance covers the lender if you default. Homeowners covers the home and contents
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No mortgage insurance protects your bank if you can't pay your mortgage, if you don't have a certain amount to put down they will require you to get it.

Homeowners insurance protects your home in the event of a fire or something.
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No, Mortgage Insurance protects the mortgage company in case they have to foreclose on upside-down property. Homeowner's policy protects you.
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No - they are different.
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