Legacy Loans

Legacy Loans. Those Subject Loans (other than Servicing Only Loans) that were originated or acquired by either of the Insureds and insured under the applicable Master Policies prior to January 1, 2009, identified on Schedules 1, 2, 3 and 4 of the Letter Agreement, provided however, that a Legacy Loan that is refinanced under the HARP II program as of the Pre-Closing Cut-off Date or any time thereafter shall cease being a Subject Loan as of the date of the closing of its HARP II refinance (a HARP refinanced... loan will be presumed to be a HARP II refinancing if the refinancing occurred after January 1, 2012) View More