Common use of Government Mortgage Loans Clause in Contracts

Government Mortgage Loans. With respect to a Transaction the subject of which is a Government Mortgage Loan, Seller shall, at the request of Buyer, cause to deliver, and Guarantor shall, at the request of Buyer, deliver, to Buyer or its Custodian, within forty- five (45) calendar days following the Purchase Date for such Mortgage Loan, the FHA Mortgage Insurance Contract, the VA Loan Guaranty Agreement or the RD Loan Guaranty Agreement, as applicable, or evidence of such insurance or guaranty, as applicable, including proof of payment of the premium and the case number so Buyer can access the information on the computer system maintained by FHA, the VA or the RD.

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

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Government Mortgage Loans. With respect If a Purchased Asset related to a Transaction Government Mortgage Loan is the subject of which is a Government Mortgage LoanTransaction, Seller loanDepot Parties shall, at the request of Buyer, cause to deliver, and Guarantor shall, at the request of Buyer, deliver, deliver to Buyer or its Custodian, within forty- forty five (45) calendar days following the Purchase Date date of such Transaction, a mortgage insurance policy issued under an FHA insurance program or a guaranty for such Mortgage Loan, the FHA Mortgage Insurance Contract, full and timely payment of principal and interest issued by the VA Loan Guaranty Agreement or the RD Loan Guaranty AgreementRD, as applicable, or evidence of such insurance or guaranty, as applicable, including proof of payment of the premium and the case number so Buyer can access the information on the computer system maintained by FHA, the VA VA, or the RD.

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Government Mortgage Loans. With respect to a Transaction the subject of which is a Government Mortgage Loan, Seller shall, at the request of Buyer, cause to deliver, and Guarantor shall, at the request of Buyer, deliver, deliver to Buyer or its Custodiana Custodian (with an electronic copy to Buyer), within forty- forty five (45) calendar days following the Purchase Date for such Mortgage Loan, the FHA Mortgage Insurance Contract, the VA Loan Guaranty Agreement or the RD Loan Guaranty Agreement, as applicable, or evidence of such insurance or guaranty, as applicable, including proof of payment of the premium and the case number so Buyer can access the information on the computer system maintained by FHA, the VA or the RD.

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

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Government Mortgage Loans. With respect to a Transaction the subject of which is a Purchased Asset related to a Government Mortgage Loan, Seller Guild Parties shall, at the request of Buyer, cause to deliver, and Guarantor shall, at the request of Buyer, deliver, deliver to Buyer or its Custodian, within forty- forty five (45) calendar days following the Purchase Date for such Mortgage LoanPurchased Asset, the FHA Mortgage Insurance Contract, the VA Loan Guaranty Agreement or the RD Loan Guaranty Agreement, as applicable, or evidence of such insurance or guaranty, as applicable, including proof of payment of the premium and the case number so Buyer can access the information on the computer system maintained by FHA, the VA or the RD.

Appears in 1 contract

Samples: Master Repurchase Agreement (Guild Holdings Co)

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