6.3.10.1 Insurance Limit
Insurance Calculation and the Standard Maximum Deposit Insurance Amount (SMDIA) are applied at:
Legal Entity/Separately insured branch- Ownership Right and Capacity-Customer- Account Participant level
For MSA this would be:
Legal Entity/Separately insured branch- MSA-Mortgage Servicer- Mortgagor- level
Mortgagors will be insured for up to SMDIA for all mortgages held with the same Mortgagor.