How do I deliver Relief Refinance Mortgages with LTV ratios greater than 105 percent under the Guarantor execution?
These mortgages must be pooled separately and you must select specific security products in the selling system as follows: from the “Create Guarantor Contract” screen choose the following from the “Security Product” drop-down menu: 30 (20, 15) year Gold PC High LTV >105 – <= 125%. See Guide Exhibit 17S for additional information.
Related Questions
- How do I deliver Relief Refinance Mortgages with LTV ratios greater than 105 percent under the Guarantor execution?
- How is the reduced term incentive for Relief Refinance Mortgages with LTV ratios greater than 105 percent applied?
- When is the cash adjustor for Relief Refinance Mortgages with LTV ratios greater than 105 percent applied?
