Maximum LTV. The Loan-to-Value Ratio of any Mortgage Loan at origination was not more than 100%;
Appears in 3 contracts
Sources: Mortgage Loan Purchase and Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-3), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-1), Mortgage Loan Purchase and Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-2)