Common use of Optional Insurance Clause in Contracts

Optional Insurance. All Mortgage Loans for which mortgage/credit life, accidental death, disability, unemployment, or any similar insurance is collected as part of the Mortgagor’s monthly payment are identified in the Mortgage File and fully comply with applicable law. None of the Mortgage Loans has a single payment credit life insurance or other optional insurance product that has been considered “predatory” by an Xxxxxx Mae or Xxxxxxx Mac. Any Mortgage Loan involved with any type of optional insurance has been properly serviced including, without limitation, the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. None of the Mortgage Loans has an optional insurance product that, as of the Closing Date, is being provided free of charge to a Mortgagor. qqq.

Optional Insurance. All Mortgage Loans for which mortgage/credit life, accidental death, disability, unemployment, or any similar insurance is collected as part of the Mortgagor’s monthly payment are identified in the Mortgage File and fully comply with applicable law. None of the Mortgage Loans has a single payment credit life insurance or other optional insurance product that has been considered “predatory” by an Xxxxxx Mae or Xxxxxxx Mac. Any Mortgage Loan involved with any type of optional insurance has been properly serviced including, without limitation, the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. None of the Mortgage Loans has an optional insurance product that, as of the Closing Date, is being provided free of charge to a Mortgagor. qqqggg.

Optional Insurance. All Mortgage Loans for which mortgage/credit life, accidental death, disability, unemployment, or any similar insurance is collected as part of the Mortgagor’s monthly payment are identified in the Mortgage File and fully comply with applicable law. None of the Mortgage Loans has a single payment credit life insurance or other optional insurance product that has been considered “predatory” by an Xxxxxx Mae or Xxxxxxx Mac. Any Mortgage Loan involved with any type of optional insurance has been properly serviced including, without limitation, the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. None of the Mortgage Loans has an optional insurance product that, as of the Closing Date, is being provided free of charge to a Mortgagor. qqqggg.

Optional Insurance. All Mortgage Loans for which mortgage/credit life, accidental death, disability, unemployment, or any similar insurance is collected as part of the Mortgagor’s 's monthly payment are identified in the Mortgage File and fully comply with applicable law. None of the Mortgage Loans has a single payment credit life insurance or other optional insurance product that has been considered “"predatory” " by an Xxxxxx Mae or Xxxxxxx Mac. Any Mortgage Loan involved with any type of optional insurance has been properly serviced including, without limitation, the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. None of the Mortgage Loans has an optional insurance product that, as of the Closing Date, is being provided free of charge to a Mortgagor. qqqggg.

Optional Insurance. All Mortgage Loans for which mortgage/credit life, accidental death, disability, unemployment, or any similar insurance is collected as part of the Mortgagor’s monthly payment are identified in the Mortgage File and fully comply with applicable law. None of the Mortgage Loans has a single payment credit life insurance or other optional insurance product that has been considered “predatory” by an Xxxxxx Mae or Xxxxxxx Mac. Any Mortgage Loan involved with any type of optional insurance has been properly serviced including, without limitation, the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. None of the Mortgage Loans has an optional insurance product that, as of the Closing Date, is being provided free of charge to a Mortgagor. qqq.

Optional Insurance. All Mortgage Loans for which mortgage/credit life, accidental death, disability, unemployment, or any similar insurance is collected as part of the Mortgagor’s monthly payment are identified in the Mortgage File and fully comply with applicable law. None of the Mortgage Loans has a single payment credit life insurance or other optional insurance product that has been considered “predatory” by an Xxxxxx Mae Xxx or Xxxxxxx Mac. Any Mortgage Loan involved with any type of optional insurance has been properly serviced including, without limitation, the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. None of the Mortgage Loans has an optional insurance product that, as of the Closing Date, is being provided free of charge to a Mortgagor. qqq.