PCS-Checklist- FINAL 15 Jan 2013 v3 (to replace v2 ...

First Ranking Residential Mortgage Loan means a first ranking residential mortgage loan where the mortgaged property which at origination was occupied by the owner and/or one or more family members and includes any subsequent lower ranking mortgage loan created for the benefit of the same lender as holds the first ranking charge where (a) they ... ................
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