Common use of Mortgage Loan Compliance Clause in Contracts

Mortgage Loan Compliance. Participant and any of its principals will comply, with respect to each Mortgage Loan, as determined as of the date of each purchase by the Servicer, with all applicable requirements of (i) HUD, the VA, and any other applicable regulatory agency; (ii) the requirements of this Agreement and (iii) information posted on the Program Administrator’s website regarding interest rates and terms available for Program Mortgages.

Mortgage Loan Compliance. Participant and any of its principals will comply, with respect to each Mortgage Loan, as determined as of the date of each purchase by the Servicer, with all applicable requirements of (i) HUD, FHA, USDA-RD, the VA, and any other applicable regulatory agency; (ii) the requirements of this Agreement and (iii) information posted on the Program Administrator’s website regarding interest rates and terms available for Program Mortgages.