Special Underwriting Provisions Sample Clauses

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. ALL MORTGAGE TYPES - ATTACHMENT 1 Key Word Waiver Title Contract Reference Guide Reference Condo/PUD Streamlined Condominium Project Review Page 1, #1 42.10 Condo/PUD Streamlined Condominium Project Review With Expanded LTVs and/or Incomplete Amenities and Common Elements Page 1, #2 42.10 Condo/PUD Fidelity Insurance for Condos Page 2, #3 58.5 Condo/PUD Liability Insurance for Condos Page 2, #4 58.4 Condo/PUD Insurance for PUDs Page 2, #5 43.2, 58.2, 58.3 and 58.4 Condo/PUD Requirements for Condos Page 3, #6 42.4, 42.6 Investment Properties Builder-owned “No cash-out” Refinance Investment Property Mortgages Page 3, #7 22.22.1(b) Purchase Money Two Closing Construction to Permanent Mortgages – Resubmission to Loan Prospector or Re-underwriting Not Required Page 4, #8 23.6 FIXED-RATE MORTGAGES - ATTACHMENT 2 Key Word Waiver Title Contract Reference Guide Reference Affordable Affordable Gold 5 Mortgages Secured by 2- to 4-Unit Primary Residences Page l, #l 34.1(b) second bullet Buydowns Compressed 2-1 Buydowns - Fixed Rate Mortgages Page 4, #2 25.4, N/A Documentation Non-Loan Prospector Mortgages with No Income, No Asset Verification and Documentation Page 5, #3 37.12 and 37.13, 37.21.l(b), 37.22(b), 37.23(b) Documentation Non-Loan Prospector Mortgages with No Qualifying Ratios Page 12, #4 37.12, 37.13 Loan Prospector Loan Prospector Stated Income Mortgages Page 19, #5 37.13
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Special Underwriting Provisions. Special underwriting provisions applicable to other mortgage product sold under Seller’s Master Agreement shall not apply to A Minus Matrix Mortgages. Special Programs and Products A Minus Manual Eligibility Matrix Mortgages MA02100134 –– Attachment 7

Related to Special Underwriting Provisions

  • Representation of Underwriters The Representatives will act for the several Underwriters in connection with this financing, and any action under this Agreement taken by the Representatives will be binding upon all the Underwriters.

  • Description of the Underwriting Agreement This Agreement conforms in all material respects to the description thereof contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Descriptions of the Underwriting Agreement This Agreement conforms in all material respects to the description thereof contained in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Authorization of Underwriting Agreement This Agreement has been duly authorized, executed and delivered by the Company.

  • Certain Agreements of the Underwriters Each Underwriter hereby represents and agrees that:

  • Underwriter Agreements The Company is not a party to any agreement with an agent or underwriter for any other “at-the-market” or continuous equity transaction.

  • Certain Agreements of the Underwriter The Underwriter hereby represents and agrees that:

  • Representations and Covenants of Underwriters 4.1 The Underwriters shall offer the Offered Securities for sale to the public, directly and through the Selling Dealer Group only in compliance with applicable Securities Legislation and upon the terms and conditions set forth in the Amended and Restated Preliminary Prospectus, the U.S. Amended and Restated Preliminary Prospectus, the Prospectus, the U.S. Prospectus, any Prospectus Amendment and U.S. Prospectus Amendment and this Agreement. The Underwriters shall be entitled to assume that the Offered Securities are qualified for distribution (i) in any Qualifying Province where a Preliminary MRRS Decision Document, an Amended and Restated MRRS Decision Document and Final MRRS Decision Document has been obtained from the applicable Securities Commission; and (ii) in the United States, unless, in each case, the Underwriters receive notice to the contrary from the Corporation or the applicable Securities Commission or the SEC. The Underwriters shall use all reasonable efforts to complete and to cause the Selling Dealer Group to complete the distribution of the Offered Securities as soon as possible after the Offering Closing Time, subject to the termination provisions contained herein.

  • Additional Undertakings The Pledgor will not, without the prior written consent of the Collateral Agent:

  • Designation of Underwriter In the case of any registration initiated by the Company, the Company shall have the right to designate the managing underwriter in any underwritten offering.

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