Common use of Optional Insurance Clause in Contracts

Optional Insurance. No single payment credit life insurance or other optional insurance product that has been considered “predatory” by Xxxxxx Mae or Xxxxxxx Mac has been obtained in connection with such Mortgage Loan. If such Mortgage Loan involved any type of optional insurance, such insurance was properly serviced including, without limitation, by use of the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. The Mortgage Loan does not involve an optional insurance product that was or is being provided free of charge to the Mortgagor.

Optional Insurance. No single payment credit life insurance or other optional insurance product that has been considered “predatory” by Xxxxxx Mae Xxx or Xxxxxxx Mac has been obtained in connection with such Mortgage Loan. If such Mortgage Loan involved any type of optional insurance, such insurance was properly serviced including, without limitation, including by use of the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. The Mortgage Loan does not involve an optional insurance product that was or is being provided free of charge to the Mortgagor.

Optional Insurance. No single payment credit life insurance or other optional insurance product that has been considered “predatory” by Xxxxxx Mae Xxx or Xxxxxxx Freddie Mac has been obtained in connection with such Mortgage Loan. If such Mortgage Loan involved any type of optional insurance, such insurance was properly serviced including, without limitation, by use of the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. The Mortgage Loan does not involve an optional insurance product that was or is being provided free of charge to the Mortgagor.

Optional Insurance. No single payment credit life insurance or other optional insurance product that has been considered “predatory” by Xxxxxx Mae Fxxxxx Mxx or Xxxxxxx Fxxxxxx Mac has been obtained in connection with such Mortgage Loan. If such Mortgage Loan involved any type of optional insurance, such insurance was properly serviced including, without limitation, including by use of the proper application and collection of premiums, the maintenance of complete and accurate records, processing and payment of claims and the handling of correspondence. The Mortgage Loan does not involve an optional insurance product that was or is being provided free of charge to the Mortgagor.