Common use of Participation Application Clause in Contracts

Participation Application. Any application by which the Participating Lender requests participation in the Agency's Single Family Mortgage Programs for a given year and offers to sell Mortgage Loans to the Agency under such programs.

Participation Application. Any application by which the Participating Lender requests participation in the Agency's Single Family Mortgage Programs for a given year t e r m and offers to sell Mortgage Loans to the Agency under such programs.