Refinanced Mortgage Loans. No Mortgage Loan is refinanced from a subsidized mortgage loan that contained terms more favorable to the related Mortgagor.
Refinanced Mortgage Loans. No Mortgage Loan was originated in connection with a refinancing of a mortgage loan that contained terms favorable to the related Mortgagor with a Mortgage Loan that does not provide a tangible economic benefit to the Mortgagor relative to the refinanced mortgage loan;
