Common use of Lending Practices Clause in Contracts

Lending Practices. No predatory, abusive or deceptive lending practices, including, but not limited to, the extension of credit to the Mortgagor without regard for the Mortgagor’s ability to repay the Mortgage Loan and the extension of credit to the Mortgagor which has no apparent benefit to the Mortgagor, were employed by the originator of the Mortgage Loan in connection with the origination of the Mortgage Loan;

Lending Practices. No predatory, abusive predatory or deceptive lending practices, including, including but not limited to, the extension of credit to the applicable Mortgagor without regard for the said Mortgagor’s ability to repay the Mortgage Loan and the extension of credit to the said Mortgagor which has no apparent benefit to the said Mortgagor, were employed by the originator of the Mortgage Loan in connection with the origination of the Mortgage Loan. Each Mortgage Loan is in compliance with the anti-predatory lending eligibility for purchase requirements of the Xxxxxx Mae Guides;