It is the standard insurance that is required for you to satisfy the requirements of a conventional loan. Without it companies would have more trouble selling loans to each other.
quote from source:
The industry's coverage standard for the mortgage clause is referred to as ATIMA or "as their interests may appear"
April 30th, 2008 at 10:59 am
It is the standard insurance that is required for you to satisfy the requirements of a conventional loan. Without it companies would have more trouble selling loans to each other.
quote from source:
The industry's coverage standard for the mortgage clause is referred to as ATIMA or "as their interests may appear"