No High Cost Loans. No Mortgage Loan is a High Cost Loan regardless of whether the Originator or the Seller is exempted from applicable state or local law by virtue of federal preemption. The Seller has implemented and conducted compliance procedures to determine whether any Mortgage Loan is a High Cost Loan under Applicable Requirements. Each Mortgage Loan is in compliance with the anti-predatory lending eligibility for purchase requirements of the Investor.
Appears in 4 contracts
Samples: Mortgage Servicing Rights (Mr. Cooper Group Inc.), First Savings Financial Group, Inc., Home Point Capital Inc.
