Revision of Requirements. If a regulatory amendment or revision applies to a Vista Labs certified product covered by this agreement, Vista Labs will use its best effort to inform the applicant, though it is the applicant’s sole responsibility to take note of the changes and to take the appropriate action if and when necessary. If the applicant agrees to accept the revision and provided the results of any supplementary examination are favorable, a supplementary authorization will be issued, or other modifications to VIsta Labs’ records will be made. If the applicant does not agree to accept the revision, or the results of any supplementary examination are not favorable and the applicant does not fix the problem(s), the certification covering the specified product shall cease to be valid on the date the revised specification becomes effective.
Revision of Requirements. Arc may from time to time, without notice, amend or revise its documentation requirements, underwriting criteria or other requirements pertaining to any residential mortgage loan program. Any Loan package already registered and rate locked by Seller will not be materially adversely affected by such amendment or revision, unless if such amendment is required pursuant to a change in applicable law or regulations.
Revision of Requirements. Chase may from time to time amend or revise its documentation requirements, underwriting criteria or other requirements pertaining to any residential Loan program. Notice of any such amendment shall be given as set forth in the CMF Correspondent Manual.
Revision of Requirements. Chase may from time to time amend or revise its documentation requirements, underwriting criteria or other requirements pertaining to any residential mortgage loan program. Any Loan Package already registered and rate locked by the Correspondent will not be materially adversely affected by such amendment or revision.
Revision of Requirements. CHMC may from time to time amend or revise its documentation requirements, underwriting criteria or other requirements pertaining to any residential mortgage loan program. Any Loan Package already submitted by the Correspondent will not be adversely affected by such amendment or revision.
Revision of Requirements. Purchaser may from time to time amend or revise its documentation requirements, underwriting criteria or other requirements pertaining to its purchase of Mortgage Loans. Any Locked Loan already registered and rate locked by Seller will not be materially adversely affected by such amendment or revision.
