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perfecting title

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perfecting title
Curing title defects in real property.


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; -- The cash collateralization of perfection-of-title costs, to cover any costs associated with perfecting title to mortgage loans that are equitably assigned to the trust; -- The provision of a liquidity facility that covers both the timely redemption of commercial paper and any temporary liquidity shortfalls arising from delinquent mortgages or delays in claim payments from mortgage insurers on defaulted mortgages; and -- The sound legal structure of the transaction.
 
 
 
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