Common use of Appraisal Clause in Contracts

Appraisal. The Servicing File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Date. The appraisal is signed by an appraiser that (i) is a Member of the Appraisal Institute, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement or is accomplished by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each The related appraisal contains contained a statement or is accomplished was accompanied by a letter from the appraiser, related appraiser to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan the related appraisal was originatedcompleted.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 six (6) months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 six months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the SellerSponsor’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off off Date. The appraisal is signed by an appraiser that (i) is a Member of the Appraisal Institute, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement or is accomplished by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 six (6) months of the Mortgage Loan origination date, and within 12 twelve (12) months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Mortgage Loan Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor Borrower or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Mortgage File or Servicing File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each The related appraisal contains contained a statement or is accomplished was accompanied by a letter from the appraiser, related appraiser to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan the related appraisal was originatedcompleted.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off off Date. The appraisal is signed by an appraiser that (i) is a Member of the Appraisal Institute, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement or is accomplished by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Mortgage Loan Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor Borrower or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.

Appraisal. The Servicing Purchased Loan File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Purchased Loan origination date, and within 12 months of the Cut-Off Purchase Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Purchased Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989FIRREA, as in effect on the date such Mortgage Purchased Loan was originated.

Appraisal. The Servicing Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months of the Mortgage Loan origination date, and within 12 months of the Cut-Off Closing Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute ("MAI") and, and (ii) to the Seller’s 's knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “"Uniform Standards of Professional Appraisal Practice” " as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each The related appraisal contains contained a statement or is accomplished was accompanied by a letter from the appraiser, related appraiser to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan the related appraisal was originatedcompleted.

Appraisal. The Servicing Purchased Asset File contains an appraisal Appraisal of the related Mortgaged Property with an appraisal date within 6 six (6) months of the Mortgage Loan Purchased Asset origination date, date and within 12 twelve (12) months of the Cut-Off Purchase Date. The appraisal Appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute and who, and (ii) to the Seller’s knowledgeKnowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage LoanPurchased Asset. Each appraiser has represented in such appraisal Appraisal or in a supplemental letter that the appraisal Appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal Appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal Appraisal was performed in accordance with the requirement requirements of Title XI of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan Purchased Asset was originated.

Appraisal. The Servicing File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 six (6) months of the Mortgage Loan origination date, and within 12 twelve (12) months of the Cut-Off off Date. The appraisal is signed by an appraiser that (i) who is a Member of the Appraisal InstituteInstitute (“MAI”) and, and (ii) to the Seller’s knowledge, had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor Borrower or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation. Each appraisal contains a statement statement, or is accomplished accompanied by a letter from the appraiser, to the effect that the appraisal was performed in accordance with the requirement requirements of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage Loan was originated.