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.
Appears in 3 contracts
Samples: Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement
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 Mortgage 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.Applicable Law. ARTICLE III-
Appears in 3 contracts
Samples: Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement
Revision of Requirements. Arc ArcHome 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.
Appears in 2 contracts
Samples: Seller Loan Purchase and Sale Agreement, Seller Loan Purchase and Sale Agreement
Revision of Requirements. Arc Home 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.
Appears in 1 contract