Common use of Duration of Assistance Clause in Contracts

Duration of Assistance. One-time assistance to homeowner, paid directly to Lender/Servicer, for application towards capitalized balance and/or negative equity, excluding late fees and NSF fees, on homeowners’ mortgage account.

Appears in 5 contracts

Samples: Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement

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Duration of Assistance. One-time assistance to homeowner, paid directly to Lender/ServicerServicer and/or eligible third party, for application towards capitalized balance and/or negative equityhomeowner’s total, accrued delinquent mortgage payments, escrow shortages, corporate advances, excluding late fees charges and NSF fees, delinquent property taxes and/or delinquent condominium association fees on homeowners’ mortgage account.

Appears in 5 contracts

Samples: Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement

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Duration of Assistance. One-time assistance to homeowner, paid directly to Lender/Servicer, for application towards capitalized balance and/or negative equitybalance, excluding late fees and NSF fees, on homeowners’ mortgage account.

Appears in 1 contract

Samples: Commitment to Purchase Financial Instrument and Hfa Participation Agreement

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