Regardless of your stance on the name change, doesn’t the executive order (and subsequent updating of the names register or whatever it’s called) make it official? In which case the maps are just being updated to reflect it.
Afaik they’re not changing it anywhere outside the US as (so far…) that’s the only place it’s been changed, so it’s not like they’re pushing that name in places where it’s not official.
It’s also not unheard of to have map details that vary depending on where you are, to align with the official stance of wherever the map is being viewed from. Ukraine, bits of the India/Pakistan border, IIRC some islands off Japan disputed by China, etc.
Not saying the name change isn’t stupid and not suggesting at all that the companies in question aren’t scum, but getting angry at the map maintainers for this change seems pointless. What did you expect them to do?
Am I missing something?
Wish that was the case in AU, ours is paid upfront in a lump sum and is non-refundable. If you refinance above 80% you pay it again, in full, upfront. If you pay the loan down to below 80%, doesn’t matter, no prorata refund. It’s 20-30k down the toilet, just in LMI. That’s on top of the 50-80k in stamp duty also pissed away :(
To make it worse, many add the LMI to their mortgage, so they pay interest on the higher balance. It’s also a deterrent for people to refinance while they’re within that 80+% LVR bracket, so shopping for a better deal is mostly pointless. Banks aren’t just disinterested in pushing for a better deal, they’re actively incentivised against it.