Procedures for Requesting and Entering Into Transactions. Section 3.1 Policies and Procedures 3 Section 3.2 Request for Transaction; Asset Data Record 3 Section 3.3 Delivery of Mortgage Loan Documents 4 Section 3.4 Haircut 4 Section 3.5 Over/Under Account 4 Section 3.6 Payment of Purchase Price 6 Section 3.7 Approved Payees 7 Section 3.8 Funding Drafts 8 ARTICLE 4
Procedures for Requesting and Entering Into Transactions. 5 3.1 Policies and Procedures ............................................................................................................ 5 3.2 Request for Transaction; Asset Data Record ............................................................................ 5 3.3 Delivery of Mortgage Loan Documents ................................................................................... 6 3.4 Haircut ...................................................................................................................................... 7 3.5 Over/Under Account ................................................................................................................ 7 3.6 Payment of Purchase Price...................................................................................................... 11 3.7 Approved Payees. ................................................................................................................... 12 3.8 Delivery of Pledged Securities................................................................................................ 13
Procedures for Requesting and Entering Into Transactions
