Regarding the Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with Fxxxxx Mxx guidelines for such trusts.
Regarding the Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust;
Regarding the Mortgagor. The Mortgagor is one or more natural persons;
Regarding the Mortgagor. The Mortgagor is one or more natural persons or a trustee under a “living trust” and such “living trust” is in compliance with the applicable Takeout Investor guidelines for such trusts.
Regarding the Mortgagor. To the best of the Seller's knowledge, all parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is one or more natural persons and/or trustee for an Illinois land trust or a trustee under a "living trust" and such "living trust" is in compliance with Xxxxxx Mae guidelines for such trusts;
Regarding the Mortgagor. The Mortgagor is one or more natural persons. No Mortgagor is the obligor on more than two Mortgage Notes;
Regarding the Mortgagor. The Mortgagor is one or more natural persons (other than such Mortgagor that is an revocable, inter-vivos trust made by a natural person that conforms to the eligibility requirements of Xxxxxx Mae for such mortgagors). No Mortgagor is the obligor on more than two Mortgage Notes in any Mortgage Loan Package;
Regarding the Mortgagor. The Mortgagor, the related co-borrower or the guarantor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with Xxxxxx Xxx Guidelines for such trusts.
Regarding the Mortgagor. Each Mortgagor is one or more natural persons or, solely with respect a Mortgage Loan secured by an investment property, legal entities and, if a natural person, is, and was at the time the Mortgage Loan was originated, legally permitted to reside in the United States. No Mortgagor is, was at the time the Mortgage Loan was originated, or has been since the time the Mortgage Loan was originated, a debtor in any state or federal bankruptcy or insolvency proceeding.
Regarding the Mortgagor. The Mortgagor is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with Agency Guidelines for such trusts. The Mortgagor is not a Guarantor, an owner, officer, director or agent of Seller or any Guarantor, or an Affiliate of Seller or any Guarantor. The Mortgagor is not an employee of Seller or any Guarantor, or a relative of an employee of Seller unless (i) the Mortgage Loan was made in compliance with generally applied standards and requirements of Seller’s “employee” or “friends and family” mortgage loan programs under which loans are available to all of Seller’s eligible employees and (ii) such Mortgage Loan is otherwise an Eligible Mortgage Loans. The Mortgagor is not a government or a governmental subdivision or agency. The Mortgagor occupies the Mortgaged Property unless the Mortgaged Property secures an Investor Loan. (aaa) Xxxxxx Mae Takeout Guidelines Announcement 95-19. As applicable, Seller will transmit full file credit reporting data for each Mortgage Loan pursuant to Xxxxxx Xxx Announcement 95-19 and that for each Mortgage Loan, Seller agrees it shall report one of the following statuses each month as follows: new origination, current, delinquent (30 or more days), foreclosed, or charged-off.
