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200210456
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Last modified
10/15/2011 6:50:18 AM
Creation date
10/22/2005 9:54:13 PM
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200210456
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4343379426 <br />200210456 <br />risk, or reducing losses. if such agreement provides that an affiliate of Lender takes a share of the <br />insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often <br />termed "captive reinsurance" Further: <br />(A) Any such agreements will not affect the amounts that Borrower has agreed to pay for <br />Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase <br />the amount Borrower will owe for Mortgage Insurance, and they will not entitle <br />Borrower to any refund. <br />(B) Any such agreements will not affect the rights Borrower has - if any - with respect to <br />the Mortgage Insurance under the homeowners Protection Act of 1998 or any other <br />law. These rights may include the right to receive certain disclosures, to request and <br />obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance <br />terminated automatically, and /or to receive a refund of any Mortgage Insurance <br />premiums that were unearned at the time of such cancellation or termination. <br />G,luels: <br />=-11R (0004) Psgc 2 of 3 Form 3160 4 /00 <br />
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