Examples of Mortgage Insurance Policy in a sentence

The Class MI Certificate will have a Class Notional Amount equal to the aggregate Unpaid Principal Balance of the Mortgage Loans with a Mortgage Insurance Policy as of the first day of the related Collection Period.
Refer to Plaza’s Mortgage Insurance Policy for additional information.
The Class MI Certificate will have a Class Notional Amount equal to the aggregate Mortgagor Total Unpaid Principal Balance of the Mortgage Loans with a Mortgage Insurance Policy as of the opening of business on the first day of the related Collection Period.
The terms of each QBE LMI Mortgage Insurance Policy are not identical.
If the Trustee's interest in a Housing Loan is extinguished as a result of a breach of BEN's representations and warranties in relation to the Housing Loan being discovered within the relevant Prescribed Period (see Section 6.2.5), on or following the termination of the Series Trust (see Section 10.6.3) or following exercise by BEN of the Clean-Up Offer (see Section 6.5.10), then BEN will be entitled to the benefit of the Mortgage Insurance Policy (if any) under which that Housing Loan is insured.

More Definitions of Mortgage Insurance Policy

Mortgage Insurance Policy. Either of the Mortgage Insurance Policy issued by United Guaranty Mortgage Indemnity Company or the Mortgage Insurance Policy issued by Mortgage Guaranty Insurance Corporation with respect to certain Mortgage Loans identified in the Mortgage Loan Schedule.

Mortgage Insurance Policy shall not include the Policy.

Mortgage Insurance Policy means with respect to any Mortgage Loan, any primary mortgage guaranty insurance policy (including all endorsements thereto) issued by an insurance company duly qualified as such under the laws of the state in which the related mortgaged property is located, duly authorized and licensed in such state to transact the applicable insurance business and to write the insurance provided and, with respect to mortgage guaranty insurers, is an approved or eligible Freddie Mac insurer in connection with such Mortgage Loan that provides compensation to the related Mortgage Loan holder in the event of default by the obligor under such Mortgage Loan or the related security instrument, if any, or any replacement policy therefor.

Mortgage Insurance Policy means a policy that protects against losses on mortgage loans arising from default by borrowers;