Insurance Fee Rate definition

Insurance Fee Rate. With respect to each Mortgage Loan insured by an Insurance Policy paid for by the lender, the per annum rate specified in the Mortgage Loan Schedule.
Insurance Fee Rate. With respect to each Mortgage Loan insured under any Bulk PMI Policy or LPMI Policy, the per annum rate specified in the Mortgage Loan Schedule under the field “Insurance Fee Rate,” plus any taxes due and payable with respect to any such insured Mortgage Loan where the related Mortgaged Property is located in the states of Kentucky and West Virginia.
Insurance Fee Rate. Not applicable.

More Definitions of Insurance Fee Rate

Insurance Fee Rate. With respect to each Mortgage Loan insured under a Bulk PMI Policy, the per annum rate specified in the Mortgage Loan Schedule under the field "Insurance Fee Rate", plus any taxes due and payable with respect to any such insured Mortgage Loan that is located in the states of Kentucky and West Virginia; provided, that if the Credit Risk Manager (or an appropriate successor) ceases to provide its services under the Credit Risk Management Agreement, the Insurance Fee Rate specified in the Mortgage Loan Schedule shall be increased by 0.01%.
Insurance Fee Rate. With respect to each Mortgage Loan insured under the Bulk PMI Policy or LPMI Policy, the per annum rate specified in the Mortgage Loan Schedule under the field “Insurance Fee Rate,” plus any taxes due and payable with respect to any such insured Mortgage Loan that is located in the states of Kentucky and West Virginia; provided, that if the Credit Risk Manager (or an appropriate successor) ceases to provide its services under the Credit Risk Management Agreement, the Insurance Fee Rate specified in the Mortgage Loan Schedule for Mortgage Loans insured under the Bulk PMI Policy shall be increased by 0.01%.
Insurance Fee Rate. With respect to each Mortgage Loan insured under a LPMI Policy, the per annum rate specified in the Mortgage Loan Schedule under the field “Insurance Fee Rate,” plus any taxes due and payable with respect to any such insured Mortgage Loan that is located in the states of Kentucky and West Virginia; provided, that if the Credit Risk Manager (or an appropriate successor) ceases to provide its services under the Credit Risk Management Agreement, the Insurance Fee Rate specified in the Mortgage Loan Schedule shall be increased by 0.01%.
Insurance Fee Rate. With respect to each Mortgage Loan insured under the Bulk PMI Policy or LPMI Policy, the per annum rate specified in the Mortgage Loan Schedule under the field “Insurance Fee Rate,” plus any taxes due and payable with respect to any such insured Mortgage Loan that is located in the states of Kentucky and West Virginia; provided, that if the Credit Risk Manager (or an appropriate successor) ceases to provide its services under the Credit Risk Management Agreement, then the Insurance Fee Rate specified in the Mortgage Loan Schedule for Mortgage Loans insured under the Bulk PMI Policy issued by MGIC shall be increased by 0.01%.
Insurance Fee Rate. With respect to each MGIC-Insured Mortgage Loan, a per annum rate equal to 1.03%, plus any taxes due and payable with respect to any MGIC-Insured Mortgage Loan secured by a Mortgaged Property located in the states of Kentucky and West Virginia.
Insurance Fee Rate. With respect to each Mortgage Loan insured under any Bulk PMI Policy or LPMI Policy, the per annum rate specified in the Mortgage Loan Schedule.
Insurance Fee Rate. With respect to each Payment Date and each Mortgage Loan covered by the PMI Policy that was an Outstanding Mortgage Loan on the first day of the related Due Period, the Stated Principal Balance of such Mortgage Loan on such Due Date multiplied by one-twelfth of 0.86% per annum. Insurance Proceeds: Proceeds paid by an insurer pursuant to any Insurance Policy, in each case other than any amount included in such Insurance Proceeds in respect of Insured Expenses.