Simple Interest Mortgage Loans. None of the Mortgage Loans are simple interest Mortgage Loans.
Simple Interest Mortgage Loans. The Mortgage Loan is not a simple interest Mortgage Loan;
Simple Interest Mortgage Loans. No Mortgagor was required to purchase any credit life, disability, accident or health insurance product as a condition of obtaining the extension of credit. No Mortgagor obtained a prepaid single premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase single premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan;
Simple Interest Mortgage Loans. Other than with respect to HELOCs, none of the Mortgage Loans are simple interest Mortgage Loans;
Simple Interest Mortgage Loans. With respect to each Mortgage Loan that is a simple interest Mortgage Loan, the Mortgage Loan is identified on the related Mortgage Loan Schedule as a simple interest Mortgage Loan, the Mortgage Loan is required to be serviced as a simple interest mortgage loan pursuant to the terms of the related Mortgage Note, and the servicing and collection practices used in connection therewith have been in accordance with legal, proper, prudent and customary practices for servicing simple interest mortgage loans;
Simple Interest Mortgage Loans. None of the Mortgage Loans are simple interest Mortgage Loans. (jjj) Prepayment Fee. No Mortgage Loan has a prepayment fee feature.
Simple Interest Mortgage Loans. None of the Underlying Mortgage Loans are simple interest Underlying Mortgage Loans;
Simple Interest Mortgage Loans. None of the Mortgage Loans are simple interest Mortgage Loans; (oo) SINGLE PREMIUM CREDIT LIFE INSURANCE. None of the proceeds of the Mortgage Loan were used to finance single-premium credit life insurance policies;
Simple Interest Mortgage Loans. To Seller’s knowledge, none of the Mortgage Loans is a simple interest mortgage loan.
Simple Interest Mortgage Loans. None of the Mortgage Loans are simple interest Mortgage Loans. (jjj) Prepayment Fee. With respect to each Mortgage Loan that has a prepayment fee feature, each such prepayment fee is enforceable and was originated in compliance with all applicable federal, state and local laws and will be enforced by Seller for the benefit of Buyer, and is only payable during the first three (3) years of the term of the Mortgage Loan. The Mortgagor received a benefit in exchange for accepting such prepayment fee.
