Loans as Described. The information set forth in the Loan Schedule with respect to the Loan is complete, true and correct in all material respects as of the Purchase Date.
Loans as Described. The information set forth in the Custodial Mortgage Loan Schedule (including information contained under each heading in the Custodial Mortgage Loan Schedule) annexed to the related Transaction Request and the information contained on each Asset Data Record delivered to the Buyer is complete, true and correct; and such Custodial Mortgage Loan Schedule contains at least all of the fields indicated in the Custodial Mortgage Loan Schedule definition set forth in this Agreement. In addition, the data on such Custodial Mortgage Loan Schedule correctly and accurately reflects the most current data (except for information specified to be as of the origination date of the Mortgage Loan) in the Guarantor’s records and the originator’s records, if the Guarantor is not the originator (including, without limitation, the Mortgage Loan File). With respect to each Mortgage Loan, any seller or builder concession in excess of the allowable limits established by Xxxxxx Xxx or Freddie Mac and the Underwriting Guidelines, in each case and applicable at the time of origination, has been subtracted from the appraised value of the Mortgaged Property for purposes of determining the LTV and CLTV. With respect to each Mortgage Loan and as of the Effective Date, the most recent FICO Score listed on the Custodial Mortgage Loan Schedule was no more than four (4) months old. As of the date of funding of the Mortgage Loan to the Mortgagor, no Appraisal or other property valuation listed on the Custodial Mortgage Loan Schedule was more than four (4) months old.
Loans as Described. The information set forth in the Loan Schedule, the Undocumented Loan Schedule and the Wet Loan Schedule, as applicable, with respect to the Loan is complete, true and correct in all material respects.
Loans as Described. (a) Seller shall deliver to Buyer three days prior to closing and on the day of closing magnetic computer tapes ("the Data Tapes"), which shall include all fields of information pertinent to the Loans. The information on the Data Tapes with respect to the loans will be true, accurate and correct as of the respective delivery dates.
Loans as Described. All information provided to Buyer by Seller, including without limitation the information set forth in the Seller Loan Schedule, with respect to the Loan is complete, true and correct.
Loans as Described. As of the Sale Date, the information set forth in the Mortgage Loan Schedule is complete, true and correct, and the Servicing conforms to the description in Exhibit A. Except as identified in the Mortgage Loan Schedule, none of the Mortgage Loans are VA vendee loans. As of the Sale Date, none of the Mortgage Loans are the subject of nonstandard escrow arrangements. Except as set forth on the Mortgage Loan Schedule none of the Mortgage Loans will contain provisions for graduated payment mortgages, shared appreciation or contingent interest features, or interest rate buydowns wherein monthly payments are paid or partially paid with funds deposited in a separate account established by the Seller, the Borrower or anyone on behalf of the Borrower, or paid by any source other than the Borrower. Any Mortgage Loan identified as a buydown loan on the Mortgage Loan Schedule is subject to a buydown agreement which complies with the provisions of the applicable Agency Requirements and such buydown account is fully funded. Except as set forth in Exhibit A, FNMA MBS Servicing operates under standard FNMA MBS remittance procedures as set forth in the FNMA Seller/Servicer Guide, and is not FNMA Express or RPM. Except as set forth in Exhibit A, FHLMC ARC Servicing operates under standard FHLMC ARC remittance procedures as set forth in the FHLMC Seller/Servicer Guide, and is not FHLMC Super ARC.
