Application for Reinstatement. The mortgagee’s application for reinstate- ment must: (i) Be in a format prescribed by the Secretary and signed by the mort- xxxxx; (ii) Be accompanied by an inde- pendent analysis of the terminated of- fice’s operations and identifying the underlying cause of the mortgagee’s unacceptable default and claim rate. The independent analysis must be pre- pared by an independent Certified Pub- lic Accountant (CPA) qualified to per- form audits under the government au- diting standards issued by the General Accounting Office; and (iii) Be accompanied by a corrective action plan addressing each of the issues identified in the independent analysis described in paragraph (e)(2)(ii) of this section, along with xxx- xxxxx demonstrating that the mort- gagee has implemented the corrective action plan.
Appears in 5 contracts
Samples: Loan Agreement, Approval Agreement, Approval Agreement
