Common use of Conformance With Underwriting Standards Clause in Contracts

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.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

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Conformance With Underwriting Standards. Each Underlying Mortgage Loan was originated in accordance with Xxxxxx Mae Xxx 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.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

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