Common use of Conformance With Underwriting Standards Clause in Contracts

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.

Appears in 3 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

AutoNDA by SimpleDocs

Conformance With Underwriting Standards. The Eligible Mortgage Loan was underwritten in accordance with the Underwriting Guidelines (i) Seller’s underwriting standards in effect at on the time date of origination of such Eligible Mortgage Loan, and (ii) the Mortgage Loan was originatedGuidelines, if applicable.

Appears in 1 contract

Samples: Master Repurchase Agreement (PHH Corp)

Conformance With Underwriting Standards. The Mortgage Eligible Loan was underwritten in accordance with (i) the Underwriting Guidelines Seller’s underwriting standards in effect at on the time date of origination of such Eligible Loan, and (ii) the Mortgage Loan was originatedGuidelines.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (PHH Corp)

Conformance With Underwriting Standards. The Mortgage Loan was Loans --------------------------------------- were underwritten either in accordance with the Underwriting Guidelines in effect Seller's underwriting guidelines at the time that the Mortgage Loan was originatedoriginated or in general accordance with prudent secondary market standard underwriting guidelines.

Appears in 1 contract

Samples: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corporation)

AutoNDA by SimpleDocs

Conformance With Underwriting Standards. The Mortgage Loan was underwritten in accordance substantial conformance with the Underwriting Guidelines taking into account the compensating factors set forth in such Underwriting Guidelines (or, if not underwritten in substantial conformance with the Underwriting Guidelines, has reasonable and documented compensating factors specifically consented to by Buyer in writing) in effect at the time the Mortgage Loan was originated.

Appears in 1 contract

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

Conformance With Underwriting Standards. The Underlying Mortgage Loan was underwritten underwritten, documented, and serviced, and all and all records relating thereto have been maintained, in accordance with the applicable Underwriting Guidelines in effect at the time the Underlying Mortgage Loan was originated.;

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!