Common use of Mortgage Insurance or Guaranty in Force Clause in Contracts

Mortgage Insurance or Guaranty in Force. If the Lender represents that the mortgage is insured or guaranteed under the National Housing Act as amended, or under the Servicemen’s Readjustment Act of 1944 as amended, or by a contract with a mortgage insurance company, the insurance or guaranty is in full force. In addition, the Lender has complied with all applicable provisions and related regulations of the Act, or the insurance contract, that covers the mortgage.

Appears in 2 contracts

Samples: Mortgage Selling and Servicing Contract (Walter Investment Management Corp), Mortgage Selling and Servicing Contract (Nationstar Mortgage Holdings Inc.)

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Mortgage Insurance or Guaranty in Force. If the Lender represents that the mortgage is insured or guaranteed under the National Housing Act as amended, or under the Servicemen’s 's Readjustment Act of 1944 as amended, or by a contract with a mortgage insurance company, the insurance or guaranty is in full force. In addition, the Lender has complied with all applicable provisions and related regulations of the Act, or the insurance contract, that covers the mortgage.

Appears in 2 contracts

Samples: Mortgage Selling and Servicing Contract (E Loan Inc), Mortgage Selling and Servicing Contract (Helmstar Group Inc)

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