Common use of Maintenance of Qualifications Clause in Contracts

Maintenance of Qualifications. Not commit or suffer to be committed any act which would adversely affect its eligibility to participate as an FHA approved non-supervised and direct endorsement mortgagee, as an approved lender under the VA guarantee program, as an approved seller/servicer of Loans to FNMA or FHLMC, as an approved seller/servicer or issuer/servicer of Loans to GNMA, or its eligibility to issue Mortgage-backed Securities or to service the mortgage pools formed with respect to Mortgage-backed Securities.

Maintenance of Qualifications. Not commit or suffer to be committed ----------------------------- any act which would adversely affect its eligibility to participate as an FHA approved non-supervised and direct endorsement mortgagee, as an approved lender under the VA guarantee program, program or as an approved seller/-servicer of Loans mortgage notes to FNMA or The Federal National Mortgage Association ("FNMA") and to The Federal Home Loan Mortgage Corporation ("FHLMC, as an approved seller/servicer or issuer/servicer of Loans to GNMA") in the FHLMC regions in which it operates, or its eligibility to issue Mortgage-Mortgage- backed Securities or to service the mortgage pools formed with respect to Mortgage-backed Securities, as applicable.

Maintenance of Qualifications. Not commit or suffer to be committed ----------------------------- any act which would adversely affect its eligibility to participate as an FHA approved non-supervised and direct endorsement mortgagee, as an approved lender under the VA guarantee program, program or as an approved seller/-servicer of Loans mortgage notes to FNMA or FHLMCFNMA, as an approved seller/servicer or issuer/servicer of Loans GNMA, and to GNMAFHLMC in the FHLMC regions in which it operates, or its eligibility to issue Mortgage-backed Securities or to service the mortgage pools formed with respect to Mortgage-Mortgage- backed Securities, as applicable.

Maintenance of Qualifications. Not commit Commit or suffer to be committed any act which would adversely affect its eligibility to participate as an FHA approved non-supervised and direct endorsement mortgagee, as an approved lender under the VA guarantee program, program or as an approved seller/-servicer of Loans mortgage notes to FNMA or FHLMCFNMA, as an approved seller/servicer or issuer/servicer of Loans GNMA, and to GNMAFHLMC in the FHLMC regions in which it operates, or its eligibility to issue Mortgage-backed Backed Securities or to service the mortgage pools formed with respect to Mortgage-backed Backed Securities, as applicable.