Common use of LTV, PMI Policy Clause in Contracts

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae or Fxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at the time of origination, a portion of the unpaid principal balance of (an "80% Loan") either (i) the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If Policy acceptable to Xxxxxx Mae until the LTV of such Mortgage Loan is insured by reduced to 80% (a "PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (iLoan") the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae or Fxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at the time of origination, a portion of the unpaid principal balance of (an “80% Loan”) either (i) the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If Policy acceptable to Xxxxxx Xxx until the LTV of such Mortgage Loan is insured by reduced to 80% (a “PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (iLoan”) the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each At origination, no Mortgage Loan has an had a LTV greater than 95% and no Mortgage Loan had a CLTV greater than 100% (or such other percentages as specified on stated in the related Mortgage Loan ScheduleTrade Confirmation). Except as indicated on the Mortgage Loan Schedule and on the Data File, if the The original LTV of the Mortgage Loan either was greater not more than 80% at (or such other percentage as stated in the time of originationrelated Trade Confirmation), a portion of or (i) the unpaid principal balance of the Mortgage Loan excess over 75% is and will be insured as to payment defaults by a PMI Policy. If Policy until the LTV of such Mortgage Loan is insured by a PMI Policy reduced to (A) 80% (or such other percentage as stated in the related Trade Confirmation) or (B) that amount for which the Mortgagor pays all premiumsXxxxxx Xxx no longer requires such insurance to be maintained, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) is subject to an LPMI Policy, which will stay in effect for the PMI Policy is otherwise terminated pursuant to life of the Homeowners Protection Act of 1998, 12 USC §4901, et seqMortgage Loan. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or and to pay all premiums and charges in connection therewith; provided, that, with respect to LPMI Loans, the related Servicer is obligated thereunder to maintain the LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at the time of origination, a portion of the unpaid principal balance of (an “80% Loan”) either (i) the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If Policy acceptable to Fxxxxx Mae until the LTV of such Mortgage Loan is insured by reduced to 80% (a “PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (iLoan”) the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each No Mortgage Loan has an a LTV as specified on the related Mortgage Loan Scheduleequal to or greater than 95%. Except as indicated on the Mortgage Loan Schedule and on the Data File, if the The original LTV of the Mortgage Loan either was greater not more than 80% at or (i) the time of origination, a portion of the unpaid principal balance of the Mortgage Loan excess over 75% is and will be insured as to payment defaults by a PMI Policy. If Policy until the LTV of such Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiumsreduced to 80%, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) is subject to an LPMI Policy, which will stay in effect for the PMI Policy is otherwise terminated pursuant to life of the Homeowners Protection Act of 1998, 12 USC §4901, et seqMortgage Loan. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or and to pay all premiums and charges in connection therewith; provided, that, with respect to LPMI Loans, the related Servicer is obligated thereunder to maintain the LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV Except as specified set forth on the related Mortgage Loan Schedule, no Mortgage Loan has an LTV greater than 100%. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §Section 4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid, and to the best of Company's knowledge, no state of facts exist that would result in the exclusion from, denial of, or defense to coverage. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller Company to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on set forth in the related Mortgage Loan ScheduleSchedule and Electronic Data File. Except as indicated on the Mortgage Loan Schedule and on the Electronic Data File, if the those Mortgage Loans with an LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor Mortgage pays all premiums, the coverage will remain in place until (i) the LTV decreases is decreased to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or and LPMI Policy have been and are being complied with, such policy PMI Policy and LPMI Policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or in the Seller case of an LPMI Policy, obligates the Mortgage Loan Seller, thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. No prior holder of the Mortgage, including the Mortgage Loan Seller, has done, by act or omission, anything which would impair the coverage of such PMI Policy or LPMI Policy;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on set forth in the related Mortgage Loan ScheduleSchedule and related Electronic Data File. Except as indicated on the Mortgage Loan Schedule and on the Electronic Data File, if the those Mortgage Loans with an LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor Mortgage pays all premiums, the coverage will remain in place until (i) the LTV decreases is decreased to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or and LPMI Policy have been and are being complied with, such policy PMI Policy and LPMI Policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae or Fxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or in the Seller case of an LPMI Policy, obligates the Company, thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. No prior holder of the Mortgage, including the Company, has done, by act or omission, anything which would impair the coverage of such PMI Policy or LPMI Policy;

LTV, PMI Policy. Each No Mortgage Loan has an a LTV as specified on the related Mortgage Loan Scheduleequal to or greater than 100%. Except as indicated on the Mortgage Loan Schedule and on the Data File, if the The original LTV of the Mortgage Loan either was greater not more than 80% at or (i) the time of origination, a portion of the unpaid principal balance of the Mortgage Loan excess over 75% is and will be insured as to payment defaults by a PMI Policy. If Policy until the LTV of such Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiumsreduced to 80%, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) is subject to an LPMI Policy, which will stay in effect for the PMI Policy is otherwise terminated pursuant to life of the Homeowners Protection Act of 1998, 12 USC §4901, et seqMortgage Loan. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or and to pay all premiums and charges in connection therewith; provided, that, with respect to LPMI Loans, the Master Servicer is obligated thereunder to maintain the LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;.

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at the time of origination, a portion of the unpaid principal balance of (an “80% Loan”) either (i) the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If Policy acceptable to Xxxxxx Mae until the LTV of such Mortgage Loan is insured by reduced to 80% (a “PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (iLoan”) the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901ss.4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Fannie Mae or Fxxxxxx Freddie Mac. Any Mortgage Loan Mortgagx Xxxx subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae or Fxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller Company to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at (an "80% Loan") either (i) the time of origination, a portion excess over 75% of the unpaid principal balance of the Mortgage Loan Appraised Value is and will be insured as to payment defaults by a PMI Policy. If Policy until the LTV of such Mortgage Loan is insured by reduced to 80% (a "PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (iLoan") the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller Company to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at the time of origination, a portion of the unpaid principal balance of (an "80% Loan") either (i) the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If Policy acceptable to Fannie Mae xxxxx the LTV of such Mortgage Loan is insured by reduced to 80% (a "PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (iLoan") the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at the time of origination, a portion of the unpaid principal balance of (an "80% Loan") either (i) the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If Policy acceptable to Fannie Mae until the LTV of such Mortgage Loan is insured by reduced to 80% (a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i"XXX Xxan") the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each The Mortgage Loan has an LTV as specified on the related Mortgage Loan Scheduleequal to or less than ___%. Except as indicated with respect to those Mortgage Loans identified on Exhibit C to the Mortgage Loan Schedule applicable Assignment and on the Data FileConveyance, if the LTV of the Mortgage Loan was greater either is not more than 80% at or the time of origination, a portion excess over 75% of the unpaid principal balance of the Mortgage Loan Appraised Value is and will be insured as to payment defaults by a PMI Policy. If Policy until the LTV of such Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases reduced to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq80%. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or and to pay all premiums and charges in connection therewith; provided, that, with respect to LPMI Loans, the related Servicer is obligated thereunder to maintain the LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller Company, as applicable, to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Electronic Data File, if the those Mortgage Loans with an LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor Mortgage pays all premiums, the coverage will remain in place until (i) the LTV decreases is decreased to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae Faxxxx Xae or Fxxxxxx MacFrxxxxx Xac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or in the Seller case of an LPMI Policy, obligates the Company, thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for No prior holder of the Mortgage Loan as set forth on Mortgage, including the related Mortgage Loan Schedule is net Company, has done, by act or omission, anything which would impair the coverage of any such insurance premiumPMI Policy;

LTV, PMI Policy. Each Mortgage Loan has shall have an LTV as specified indicated on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and set forth on the Data File, if the each First Lien Mortgage Loan with an LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the First Lien Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiumsis not an LPMI Policy, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae or Fxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller Company to maintain the PMI Policy or LPMI Policy Policy, as applicable, and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the No Mortgage Loan Schedule and on the Data File, if has a LTV greater than 100%. If the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae or Fxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller Company to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater is more than 80% at (an “80% Loan”) either (i) the time of origination, a portion excess over 75% of the unpaid principal balance of the Mortgage Loan Appraised Value is and will be insured as to payment defaults by a PMI Policy. If Policy until the LTV of such Mortgage Loan is insured by reduced to 80% (a “PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (iLoan”) the LTV decreases to 78% or (ii) the PMI Policy such Mortgage Loan is otherwise terminated pursuant listed on an exhibit to the Homeowners Protection Act of 1998, 12 USC §4901, et seqapplicable Assignment and Conveyance. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium. All information provided by the Company to the PMI Policy insurer is accurate and complete. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser. The Company has no knowledge of any potential cancellation or rescission of the PMI Policy and has had no dialogue with the PMI Policy insurer regarding any issues or circumstances which may result in a cancellation or rescission of the PMI Policy;

LTV, PMI Policy. Each No Mortgage Loan has an a LTV as specified on the related Mortgage Loan Scheduleequal to or greater than 95%. Except as indicated on the Mortgage Loan Schedule and on the Data File, if the The original LTV of the Mortgage Loan either was greater not more than 80% at or (i) the time of origination, a portion of the unpaid principal balance of the Mortgage Loan excess over 75% is and will be insured as to payment defaults by a PMI Policy. If Policy until the LTV of such Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiumsreduced to 80%, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) is subject to an LPMI Policy, which will stay in effect for the PMI Policy is otherwise terminated pursuant to life of the Homeowners Protection Act of 1998, 12 USC §4901, et seqMortgage Loan. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer No action, inaction, or event has a claims paying ability acceptable occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to Fxxxxx Mae or Fxxxxxx Maccoverage. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or and to pay all premiums and charges in connection therewith; provided, that, with respect to LPMI Loans, the related Servicer is obligated thereunder to maintain the LPMI Policy and to pay all premiums and - 22 - charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each Mortgage Loan has an LTV as specified on the related Mortgage Loan Schedule. Except as indicated on the for Pledged Asset Mortgage Loan Schedule and on the Data FileLoans, if the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Mae or Fxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller Company, as applicable, to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;

LTV, PMI Policy. Each No Mortgage Loan has an LTV as specified on the related Mortgage Loan Scheduleor CLTV greater than 100%. Except as indicated on the Mortgage Loan Schedule and on the Data File, if If the LTV of the Mortgage Loan was greater than 80% at the time of origination, a portion of the unpaid principal balance of the Mortgage Loan is and will be insured as to payment defaults by a PMI Policy. If the Mortgage Loan is insured by a PMI Policy for which the Mortgagor pays all premiums, the coverage will remain in place until (i) the LTV decreases to 78% or (ii) the PMI Policy is otherwise terminated pursuant to the Homeowners Protection Act of 1998, 12 USC §4901, et seq. At its origination, no Mortgage Loan secured by a second lien on the Mortgaged Property had a combined LTV greater than 100%. All provisions of such PMI Policy or LPMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. The Qualified Insurer has a claims paying ability acceptable to Fxxxxx Xxxxxx Mae or Fxxxxxx Xxxxxxx Mac. Any Mortgage Loan subject to a PMI Policy or LPMI Policy obligates the Mortgagor or the Seller thereunder to maintain the PMI Policy or LPMI Policy and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such insurance premium;