Special Underwriting Provisions Clause Samples

Special Underwriting Provisions. Following is a table, which identifies the waivers allowed to the Single-Family Seller/Servicer Guide (“the Guide”). Complete terms and conditions regarding these waivers may be found on the Attachment and page referenced under the “Contract Reference” column. The waivers relate to the Sections of the Guide, which are listed in the “Guide Reference” column. Crescent Bank & Trust Company dba Crescent Mortgage Master Agreement # MA02100134 Page 1 –– 10/24/2002 Cash-out Refi Special Purpose Cash-out Refinance Mortgages with Proceeds Used to Pay Off or Partially Satisfy Secondary Financing Less than 12 Months Old Page 1, #1 24.7 Condo/PUD Fidelity Insurance for Condos Page 1, #2 58.5 Condo/PUD Liability Insurance for Condos Page 1, #3 58.4 Condo/PUD Insurance for PUDs Page 1, #4 43.2, 58.2, 58.3 and 58.4 Condo/PUD Requirements for Condos Page 2, #5 42.4, 42.6 Condo/PUD Streamlined Condominium Project Review Page 2, #6 42.10 Documentation Nonuniform Underwriting Summary Form Page 3, #▇ ▇▇.▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ & Trust Company dba Crescent Mortgage Master Agreement # MA02100134 Page 2 –– 10/24/2002 Buydowns Compressed 2-1 Buydowns - Fixed Rate Mortgages Page l, #l 25.4, N/A Crescent Bank & Trust Company dba Crescent Mortgage Master Agreement # MA02100134 Page 3 –– 10/24/2002 Special Programs and Products: Following is a table, which identifies the programs and products for which Seller is eligible under this Agreement. Complete terms and conditions regarding the program/product may be found in the Sections of the Single-Family Seller/Servicer Guide (“the Guide”), which are listed in the “Guide Reference” column or in the Attachment referenced under the “Contract Reference” column. ARM Provisions Relating to Nonstandard Nonconvertible ARMs Attachment 3 30.2 ARM Junior Guarantor Program Attachment 4 None ARM 1-year, 3/1, 5/1, 7/1 and 10/1 LIBOR ARMs Attachment Attachment 5 None ARM Treasury-Indexed ARMs Attachment 6 None A-minus Mortgages A Minus Manual Eligibility Matrix Mortgages Attachment 7 C33 Purchase Money Enterprise Cash System Agreement Attachment ▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ & Trust Company dba Crescent Mortgage Master Agreement # MA02100134 Page 4 –– 10/24/2002 Additional Provisions: Following is a table identifying additional variances to provisions of the Guide or, if applicable, limitations on products or programs otherwise eligible under the Purchase Documents. Generally, the provisions included in this Attachment will concern topics such as legal documentation, ...