RMIC Covered Loans definition

RMIC Covered Loans. The mortgage loans identified on Exhibit A-3 attached hereto. RMIC Policy: The supplemental lender-paid mortgage insurance policy issued by RMIC, Policy No. N02MD10271. A copy of such RMIC Policy shall be provided to the Company upon request. ▇▇▇▇ ▇▇: Structured Asset Mortgage Investments II Inc.
View Source

Examples of RMIC Covered Loans in a sentence

  • The Servicer shall promptly, upon written request therefor, deliver to the Guarantor (with respect to the ▇▇▇▇▇▇ Mae Loans), RMIC (with respect to the RMIC Covered Loans) and the Owner such notifications and any additional applicable data regarding such adjustments and the methods used to calculate and implement such adjustments.

  • If it is determined that the Mortgaged Property is contaminated by hazardous or toxic substances or wastes, the consent of the Guarantor (with respect to the ▇▇▇▇▇▇ Mae Loans) and RMIC (with respect to the RMIC Covered Loans) is required in connection with the foreclosure or acceptance of a deed in lieu of foreclosure of such Mortgaged Property.

  • Notwithstanding anything to the contrary herein, no consent of the Guarantor (solely with respect to the ▇▇▇▇▇▇ ▇▇▇ Loans) or RMIC (solely with respect to the RMIC Covered Loans) shall be required with respect to any waiver of a Prepayment Charge in accordance with the terms of this Agreement.

  • No transfer of a Mortgage Loan may be made unless such transfer is in compliance with the terms hereof and the Guarantor (with respect to the ▇▇▇▇▇▇ Mae Loans) and RMIC (with respect to the RMIC Covered Loans) consent to such transfer (such consent to be provided in accordance with Section 11.17 herein).