Origination and Acquisition of Mortgage Loans. The Mortgage Loans were originated or acquired by the Borrower, and the origination and collection practices used by the Borrower or Qualified Originator, as applicable, with respect to the Mortgage Loans have been, in all material respects legal, proper, prudent and customary in the residential mortgage loan servicing business, and in accordance with the Underwriting Guidelines. With respect to Mortgage Loans acquired by the Borrower, all such Mortgage Loans are in conformity with the Underwriting Guidelines. Each of the Mortgage Loans complies with the representations and warranties listed in Schedule I hereto.
Origination and Acquisition of Mortgage Loans. The Mortgage Loans were originated by the Seller or a Qualified Originator, and the origination and collection practices used by the Seller or Qualified Originator, as applicable, with respect to the Mortgage Loans have been, in all material respects legal and in compliance with all laws with respect to unfair and deceptive lending practices and Predatory Lending Practices, proper, prudent and customary in the residential mortgage loan origination and servicing business, and in accordance with FHA, VA, RHS, Xxxxxx Mae, Xxxxxx Xxx and Xxxxxxx Mac standards as applicable, and in accordance with the Underwriting Guidelines. The Seller shall assure that the Buyer has access to the Xxxxxxx Mac Loan Prospector (LP) Xxxxxx Xxx DeskTop Underwriting (DU) to confirm the approved status of the Mortgage Loans under such programs; provided that LP and DU are not used for Mortgage Loans that are part of the “VA IRRRL”or “FHA Streamline” programs. All Mortgage Loans are in conformity with the Underwriting Guidelines and are eligible for sale to Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac or for guaranty by the VA or the RHS or for insurance by the FHA, and satisfy all applicable requirements for delivery to the appropriate Agency. Each of the Mortgage Loans complies with the representations and warranties listed in Schedule 1 hereto. The Seller shall provide written notice to the Buyer and the Agent of any material change in the process and standards pursuant to which Qualified Originators are approved and shall notify the Buyer and the Agent of any Qualified Originators that are approved following the Effective Date.
Origination and Acquisition of Mortgage Loans. The Mortgage Loans were originated by the Seller or a Qualified Originator, and the origination and collection practices used by the Seller or Qualified Originator, as applicable, with respect to the Mortgage Loans have been, in all material respects legal and in compliance with all laws with respect to unfair and deceptive lending practices and Predatory Lending Practices, proper, prudent and customary in the residential mortgage loan origination and servicing business, and in accordance with FHA, VA, RHS, Xxxxxx Mae, Xxxxxx Xxx and Xxxxxxx Mac standards as applicable, and in accordance with the Underwriting Guidelines. All Mortgage Loans are in conformity with the Underwriting Guidelines and, with respect to Agency Mortgage Loans, are eligible for sale to Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac or for guaranty by the VA or the RHS or for insurance by the FHA, and satisfy all applicable requirements for delivery to the appropriate Agency. Each of the Agency Mortgage Loans complies with the representations and warranties listed in Schedule 1 hereto.
Origination and Acquisition of Mortgage Loans. The Mortgage Loans were originated by the Seller or a Qualified Originator, and the origination and collection practices used by the Seller or Qualified Originator, as applicable, with respect to the Mortgage Loans have been, in all material respects legal and in compliance with all laws with respect to unfair and deceptive lending practices and Predatory Lending Practices, proper, prudent and customary in the residential mortgage loan origination and servicing business, and in accordance with FHA, VA, RHS, Xxxxxx Xxx, Xxxxxx Xxx and Xxxxxxx Mac standards as applicable, and in accordance with the Guidelines. All Mortgage Loans are in conformity with the Guidelines and are eligible for sale to Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac or for guaranty by the VA or the RHS or for insurance by the FHA, and satisfy all applicable requirements for delivery to the appropriate Agency. Each of the Mortgage Loans complies with the representations and warranties listed in Schedule 1 hereto. The Seller shall provide written notice to the Buyer of any material change in the process and standards pursuant to which Qualified Originators are approved and shall notify the Buyer of any Qualified Originators that are approved following the Effective Date.
Origination and Acquisition of Mortgage Loans. The Mortgage Loans were originated by the Seller or a Qualified Originator, and the origination and collection practices used by the Seller or Qualified Originator, as applicable, with respect to the Mortgage Loans have been, in all material respects legal and in compliance with all laws with respect to unfair and deceptive lending practices and Predatory Lending Practices, proper, prudent and customary in the residential mortgage loan origination and servicing business, and in accordance with FHA, VA, RHS, Xxxxxx Xxx, Xxxxxx Xxx and Xxxxxxx Mac standards as applicable, and in accordance with the Underwriting Guidelines. All Mortgage Loans are in conformity with the Underwriting Guidelines and are eligible for sale to Xxxxxx Mae, Xxxxxx Xxx or Xxxxxxx Mac or for guaranty by the VA or the RHS or for insurance by the FHA, and satisfy all applicable requirements for delivery to the appropriate Agency. Each of the Mortgage Loans complies with the representations and warranties listed in Schedule 1 hereto. The Seller shall assure that the Buyer has access to the Xxxxxxx Mac Loan Prospector (LP) Xxxxxx Xxx DeskTop Underwriting (DU) to confirm the approved status of the Mortgage Loans under such programs; provided that LP and DU are not used for Mortgage Loans that are part of the “VA IRRRL” or “FHA Streamline” programs.
Origination and Acquisition of Mortgage Loans. The Mortgage --------------------------------------------- Loans were originated or acquired by the Borrower, and the origination and collection practices used by the Borrower or Qualified Originator, if applicable, with respect to the Mortgage Loans have been, in all material respects legal, proper, prudent and customary in the residential mortgage loan servicing business, and in accordance with the Underwriting Guidelines. With respect to Mortgage Loans acquired by the Borrower all such Mortgage Loans are in material conformity with the Underwriting Guidelines. Each of the Mortgage Loans complies in all material respects with the representations and warranties listed in Schedule 1 hereto.
Origination and Acquisition of Mortgage Loans. The Mortgage were --------------------------------------------- originated or acquired by the Borrower, and the origination and collection practices used by the Borrower or Qualified Originator, if applicable, with respect to the Mortgage Loans have been, in all respects legal, proper, prudent and customary in the residential mortgage loan servicing business, and in accordance with the Underwriting Guidelines, except for the Initial Non- Conforming Mortgage Loans. With respect to Mortgage Loans acquired by the Borrower (other than Initial Non-Conforming Mortgage Loans) all such Mortgage Loans are in conformity with the Underwriting Guidelines.
Origination and Acquisition of Mortgage Loans. The Mortgage Loans were originated by a Approved Mortgage Originator, and the origination and collection practices used by the Approved Mortgage Originator, any subsequent mortgagee and any servicer therefor, as applicable, with respect to the Mortgage Loans have been, in all material respects legal and proper, prudent, and customary in the residential mortgage loan servicing business, and in accordance with the Approved Underwriting Guidelines. With respect to Mortgage Loans acquired by the Company, all such Mortgage Loans are in conformity with the Approved Underwriting Guidelines and were acquired under an Approved Purchase Program. Each of the Mortgage Loans complies with the representations and warranties listed in Schedule R-1 hereto.
Origination and Acquisition of Mortgage Loans. The Mortgage Loans were originated or acquired by the Borrower, and the origination and collection practices used by the Borrower or Qualified Originator, applicable, with respect to the Mortgage Loans have been, in all material respects legal, proper, and prudent in the residential mortgage loan servicing business, and in accordance with the Underwriting Guidelines. With respect to Mortgage Loans acquired by the Borrower, all such Mortgage Loans are in conformity with the Underwriting Guidelines.
Origination and Acquisition of Mortgage Loans. The Mortgage Loans were either (i) originated by a Approved Mortgage Originator, and the origination and collection practices used by the Approved Mortgage Originator, any subsequent mortgagee and any servicer therefor, as applicable, with respect to the Mortgage Loans have been, in all material respects, legal, proper, prudent and customary in the residential mortgage loan servicing business, and are in accordance with the Approved Underwriting Guidelines, or (ii) acquired by the Company in conformity with the Approved Underwriting Guidelines and under an Approved Purchase Program.
