Conformance With Underwriting Standards. Such Mortgage Loan was underwritten in accordance with the PHH Guide;
Conformance With Underwriting Standards. Such Mortgage Loan was underwritten in accordance with the Cendant Guide;
Conformance With Underwriting Standards. The Mortgage Loan was underwritten in accordance with the Underwriting Guidelines in effect at the time the Mortgage Loan was originated.
Conformance With Underwriting Standards. Such Mortgage Loan was underwritten in accordance with the Designated Guidelines. The methodology used in underwriting the extension of credit for the Mortgage Loan includes objective mathematical principles that relate to the relationship between the borrower's income, assets and liabilities and the proposed payment. The credit score used in connection with the origination of such Mortgage Loan was the Credit Score. If there was more than one applicant for such Mortgage Loan, the lowest of the applicants’ Credit Scores was used;
Conformance With Underwriting Standards. The Eligible Loan was underwritten in accordance with (i) the Seller’s underwriting standards in effect on the date of origination of such Eligible Loan, and (ii) the Guidelines.
Conformance With Underwriting Standards. Each Underlying Mortgage Loan was originated in accordance with Xxxxxx Mae underwriting guidelines and FHA, VA or USDA requirements, as applicable, and other than due to delinquency or modification, would otherwise be acceptable for inclusion in a Xxxxxx Xxx Security.
Conformance With Underwriting Standards. The Mortgage Loan or Non-qualified Loan, where applicable, was underwritten and documented in accordance with our underwriting standards in effect at the time the Asset was originated, certain aspects of which are described on Schedule II attached hereto. The Note and Mortgage are on our customary forms, and we have not made any representations to a mortgagor that are inconsistent with the Mortgage and the Note.
Conformance With Underwriting Standards. The Mortgage Loan was underwritten in accordance with the Underwriting Guidelines in effect at the time the Mortgage Loan was originated which underwriting standards satisfy the standards of Xxxxxx Xxx and Xxxxxxx Mac under one of their respective home mortgage purchase programs (except that the principal balance of Jumbo Mortgage Loans may have exceeded the limits of Xxxxxx Mae and Xxxxxxx Mac);
Conformance With Underwriting Standards. The Revolving Credit Loan was underwritten in accordance with the Underwriting Guidelines;
Conformance With Underwriting Standards. Such Mortgage Loan was underwritten in accordance with the PHH Guide, which PHH Guide satisfies the standards of prudent mortgage lenders of the same type of mortgage loans as the Mortgage Loans in the secondary market; the Mortgage Note, and the Mortgage and all other documents in the related Mortgage File are on Xxxxxx Mae or Xxxxxxx Mac uniform instruments or are on forms acceptable to Xxxxxx Mae or Xxxxxxx Mac; and each Mortgage Loan complies with Xxxxxx Mae’s anti-predatory lending eligibility for purchase requirements;
