Lender Representations and Warranties. Lender, is a mortgagee which holds a valid origination approval agreement with HUD, is approved to participate in the Direct Endorsement program and meets the applicable net worth requirements established by HUD.
Appears in 3 contracts
Samples: Mortgage Broker Agreement, Mortgage Broker Agreement, Mortgage Broker Agreement
Lender Representations and Warranties. Lender, Lender is a mortgagee which holds a valid origination approval agreement with HUDHUD approved mortgagee, is approved to participate in the Direct Endorsement program and meets has met the applicable net worth requirements established by HUD.
Appears in 1 contract
Samples: Wholesale Mortgage Broker Agreement
