Loan to Value Ratio Exclusion. Any Claim where the original principal balance of the Loan exceeded one hundred percent (100%) of the FMV of the Property at the time the Loan was originated, and such fact was not disclosed to the Company at the time coverage under this Policy was extended to such Loan.
Appears in 5 contracts
Samples: edgar.secdatabase.com, Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-He3), Pooling and Servicing Agreement (Ownit Mortgage Loan Trust, Series 2005-5)
