Industry Standard Practices. The origination and collection practices relating to the Mortgage used by the PFI, and in the case of any Acquired Mortgage, all prior servicers and holders of such Mortgage, have been legal, proper, prudent and customary in origination and servicing of residential first mortgage loans.
Appears in 4 contracts
Samples: Participating Financial Institution Agreement, Participating Financial Institution Agreement (Federal Home Loan Bank of Chicago), Participating Financial Institution Agreement (Federal Home Loan Bank of Chicago)
Industry Standard Practices. The origination and collection practices relating to the Mortgage used by the PFI, and in the case of any Acquired Mortgage, all prior servicers and holders of such Mortgage, have been legal, proper, prudent and customary in origination and servicing of residential first first mortgage loans.
Appears in 2 contracts
Samples: Participating Financial Institution Agreement, Participating Financial Institution Agreement
