Conformance with Underwriting Guidelines Sample Clauses
Conformance with Underwriting Guidelines. The Mortgage Loan was underwritten in accordance with the Company’s Underwriting Guidelines in effect at the time the Mortgage Loan was originated, subject to the exception guidelines and processes they include. The Mortgage Note and Mortgage are on forms acceptable to Fxxxxxx Mac or Fxxxxx Mae;
Conformance with Underwriting Guidelines. The Mortgage Loan was underwritten in accordance with the Company’s Underwriting Guidelines in effect at the time the Mortgage Loan was originated;
Conformance with Underwriting Guidelines. The Mortgage Loan was underwritten in accordance with the Seller's underwriting guidelines in effect at the time the Mortgage Loan was originated, a copy of which underwriting guidelines are attached as EXHIBIT 8 hereto. The Mortgage Loan is in conformity with the standards of Xxxxxx Xxx or Xxxxxxx Mac under one of their respective home mortgage purchase programs (except that the principal balance of certain Mortgage Loans may have exceeded the limits of Xxxxxx Mae and Xxxxxxx Mac) and the Mortgage Note and Mortgage are on forms acceptable to Xxxxxx Mae or Xxxxxxx Mac;
Conformance with Underwriting Guidelines. The Mortgage Loan was underwritten in accordance with the Seller's underwriting guidelines in effect at the time the Mortgage Loan was originated, a copy of which underwriting guidelines are attached as Exhibit 8 hereto. The Mortgage Note and Mortgage are on forms acceptable to Xxxxxx Xxx or Xxxxxxx Mac;
Conformance with Underwriting Guidelines. The Mortgage Loan was underwritten in accordance with the Seller's underwriting guidelines in effect at the time the Mortgage Loan was originated. The Mortgage Note and Mortgage are on forms acceptable to Freddie Mac or Fannie Mxx.
Conformance with Underwriting Guidelines. Each Group II Student Loan was underwritten in accordance with the guidelines of the originator or KBNA or its predecessor, KBUSA, in existence at the time of origination and made available to the Underwriters and the Rating Agencies prior to sale hereunder.
Conformance with Underwriting Guidelines. Each Financed Student Loan constituting a Financed Private Loan was underwritten in accordance with the guidelines in existence as of the Closing Date and made available to the Underwriters, the Securities Insurer and the Rating Agencies.
Conformance with Underwriting Guidelines. The Mortgage Loan was underwritten in accordance with the Underwriting Guidelines in effect as of the date of origination of such Mortgage Loan. The Mortgage Note and Mortgage are on forms acceptable to Freddie Mac or Fxxxxx Mxx and the applicable Seller has not made any representations to a Mortgagor that are inconsistent with the mortgage instruments used;
Conformance with Underwriting Guidelines. Borrower represents and warrants to Lender with respect to each Home Equity Mortgage Asset consisting of an interest in a residential property in a pool of Eligible Assets that each such Eligible Asset shall have been originated in conformity with and meets, as of the Funding Date, underwriting guidelines no less stringent than those specified in Exhibit E attached hereto; provided, however, that from time to time the Borrower may propose reasonable changes to such Underwriting Guidelines and with Lender's written consent thereto (which consent shall not be unreasonably withheld), may amend such Underwriting Guidelines. FILING JURISDICTIONS AND OFFICES Elmsford, New York, State of New York Schedule 2-1 67 SCHEDULE 3 LIST OF SETTLEMENT AGENTS Schedule 3-1 68 SCHEDULE 4 AUTHORIZED REPRESENTATIVES OF THE BORROWER Schedule 4-1 69 SCHEDULE 5 OTHER EXISTING LIENS Schedule 5-1 70 SCHEDULE 6 EXISTING PURCHASE AGREEMENTS
1. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-1, closing date: March 31, 1997.
2. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-2, closing date: June 30, 1997.
3. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-4, closing date: October 30, 1997.
4. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-5, closing date: December 5, 1997.
5. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-6, closing date: January 21, 1998.
6. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-7, closing date: February 2, 1998.
7. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-8, closing date: February 17, 1998.
8. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-9, closing date: March 2, 1998.
9. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-10, closing date: March 19, 1998.
10. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their accompanying documents, Group HE-11, closing date: March 31, 1998.
11. Seller's Warranties and Servicing Agreement, the Purchase Agreement, and their...
Conformance with Underwriting Guidelines. The Loan was underwritten in accordance with the applicable Underwriting Guidelines. If such Loan is an Agency Eligible Loan, the Note and Mortgage (exclusive of any riders) are on forms similar to those used by or acceptable to the applicable Agency, FHA, VA or HUD, as applicable, and neither Seller has made any representations to a Mortgagor that are inconsistent with the mortgage instruments used. The methodology used in underwriting the extension of credit for each Loan is in accordance with the applicable Underwriting Guidelines or employs objective quantitative principles which relate the Mortgagor’s credit characteristics, income, assets and liabilities (as applicable to a particular underwriting program) to the proposed payment, and such underwriting methodology does not rely on the extent of the Mortgagor’s equity in the collateral as the principal determining factor in approving such credit extension.