Common use of Special Representations and Warranties Concerning Eligibility as Seller/Servicer of Mortgage Loans Clause in Contracts

Special Representations and Warranties Concerning Eligibility as Seller/Servicer of Mortgage Loans. Borrower represents and warrants to Lender, as of the date of this Agreement and as of the date of each Warehousing Advance Request and the making of each Warehousing Advance, that Borrower is approved and qualified and in good standing as a lender, seller/servicer or issuer, as set forth below, and meets all requirements applicable to its status as: (a) A HUD-approved mortgagee, eligible to originate, purchase, hold, sell and service FHA fully insured Mortgage Loans. (b) A Xxxxxx Xxx-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Xxxxxx Mae. (c) A Xxxxxxx Mac-approved seller of Mortgage Loans, eligible to originate, purchase, hold and sell Mortgage Loans to be sold to Xxxxxxx Mac. (d) A VA-approved mortgagee and a lender in good-standing under the VA loan guarantee program, eligible to originate, purchase, hold, sell and service VA-guaranteed Mortgage Loans. (e) A Lender-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Lender.

Special Representations and Warranties Concerning Eligibility as Seller/Servicer of Mortgage Loans. Borrower represents and warrants to Lender, as of the date of this Agreement and as of the date of each Warehousing Advance Request and the making of each Warehousing Advance, that Borrower 9.2 (a) UAMCLLC is approved and qualified and in good standing as a lender, lender or seller/servicer or issuerservicer, as set forth below, and meets all requirements applicable to its status as: (ai) A HUDAn FHA-approved mortgagee, eligible to originate, purchase, hold, sell and service FHA fully insured Mortgage Loans. (bii) A Xxxxxx XxxGxxxxx Mxx-approved seller/servicer of Mortgage Loans and issuer of Mortgage-backed Securities guaranteed by Gxxxxx Mae. (iii) A lender in good-standing under the VA loan guarantee program eligible to originate, purchase, hold, sell and service VA-guaranteed Mortgage Loans. (iv) A Fxxxxx Mxx-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Xxxxxx Fxxxxx Mae. (cv) A Xxxxxxx Fxxxxxx Mac-approved seller of Mortgage Loans, eligible to originate, purchase, hold and sell Mortgage Loans to be sold to Xxxxxxx Mac. (d) A VA-approved mortgagee and a lender in good-standing under the VA loan guarantee program, eligible to originate, purchase, hold, sell and service VA-guaranteed Mortgage Loans. (e) A Lender-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to LenderFxxxxxx Mac. (vi) An RFC-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Loans to be sold to RFC.

Special Representations and Warranties Concerning Eligibility as Seller/Servicer of Mortgage Loans. Borrower represents and warrants to Lender, as of the date of this Agreement and as of the date of each Warehousing Advance Request and the making of each Warehousing Advance, that Borrower is approved and qualified and in good standing as a lender, lender or seller/servicer or issuerservicer, as set forth below, and meets all requirements applicable to its status as: (a) A HUD-approved mortgagee, eligible to originate, purchase, hold, sell and service FHA fully insured Mortgage Loans. (b) A Xxxxxx XxxFannie Mae-approved seller/servicer of Mortgage Loans, xxigible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Fannie Mae. (c) A Freddie Mac-approved seller/servxxxx xf Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Xxxxxx Mae. (c) A Xxxxxxx Mac-approved seller of Mortgage Loans, eligible to originate, purchase, hold and sell Mortgage Loans to be sold to Xxxxxxx Freddie Mac. (d) A VA-approved mortgagee and a lender in lenxxx xx good-standing under the VA loan guarantee program, eligible to originate, purchase, hold, sell and service VA-guaranteed Mortgage Loans. (e) A Lender-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Lender.

Special Representations and Warranties Concerning Eligibility as Seller/Servicer of Mortgage Loans. Borrower represents and warrants to Lender, as of the date of this Agreement and as of the date of each Warehousing Advance Request and the making of each Warehousing Advance, that Borrower is approved and qualified and in good standing as a lender, seller/servicer or issuer, as set forth below, and meets all requirements applicable to its status as: (a) A HUD-approved mortgagee, eligible to originate, purchase, hold, sell and service FHA fully insured Mortgage Loans. (b) A Xxxxxx Xxx-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Xxxxxx Mae. (c) A Xxxxxxx Mac-approved seller seller/servicer of Mortgage Loans, eligible to originate, purchase, hold hold, sell and sell service Mortgage Loans to be sold to Xxxxxxx Mac. (d) A VA-approved mortgagee and a lender in good-standing under the VA loan guarantee program, eligible to originate, purchase, hold, sell and service VA-guaranteed Mortgage Loans. (e) A Lender-approved seller/servicer of Mortgage Loans, eligible to originate, purchase, hold, sell and service Mortgage Loans to be sold to Lender. (f) A lender in good standing under the mortgage purchase program of any agency hereafter approved by Lender for purposes of the definition of “Bond Program Mortgage Loan” in Exhibit H eligible to originate, sell and service Mortgage Loans under this program.