Definition of PMI Policy

  1. PMI Policy means a policy of primary mortgage guaranty insurance issued by a Qualified Insurer, as required by this Agreement with respect to certain Mortgage Loans.

Examples of PMI Policy in a sentence

  1. All provisions of such PMI Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid.
  2. The Company has notified the PMI Policy insurer of the sale of the Mortgage Loan to the Purchaser.
  3. Section 3.07 Maintenance of PMI Policy and/or LPMI Policy; Claims.

Definition of PMI Policy in Master Repurchase Agreement

PMI Policy means a policy of primary mortgage guaranty insurance issued by a Qualified Insurer, as required by this Agreement with respect to certain Mortgage Loans.


Definition of PMI Policy in Loan Servicing Agreement

PMI Policy means a policy of primary mortgage guaranty insurance evidenced by an electronic form and certificate number issued by a Qualified Insurer with respect to certain Mortgage Loans.