Common use of Scorecard Clause in Contracts

Scorecard. With the exception of some additional loans made to existing borrowers, the Seller uses some of the above criteria and various other criteria to provide an overall score for the application which reflects a statistical analysis of the risk of advancing the Loan. The score is used in conjunction with a number of policy rules to determine the lending decision SCHEDULE 5 SELLER POWER OF ATTORNEY THIS DEED OF POWER OF ATTORNEY is made on the [•] 20[•] by:

Appears in 7 contracts

Samples: Mortgage Sale Agreement, Mortgage Sale Agreement, Mortgage Sale Agreement

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Scorecard. With the exception of some additional loans made to existing borrowers, the Seller uses some of the above criteria and various other criteria to provide an overall score for the application which reflects a statistical analysis of the risk of advancing the Loan. The score is used in conjunction with a number of policy rules to determine the lending decision decision. SCHEDULE 5 SELLER POWER OF ATTORNEY IN FAVOUR OF FUNDING, THE MORTGAGES TRUSTEE AND THE SECURITY TRUSTEE THIS DEED OF POWER OF ATTORNEY is made on the [•] ], 20[•] by:

Appears in 1 contract

Samples: Mortgage Sale Agreement (Holmes Funding LTD)

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