TAKING OF APPLICATIONS/ DISCLOSURES Sample Clauses

TAKING OF APPLICATIONS/ DISCLOSURES. Broker shall take applications for the Loan Programs in its own name through its employees. Any employee taking applications or offering or negotiating mortgage loan terms must be registered through the Nationwide Mortgage Licensing System and Registry (NMLS) and licensed or registered where required by applicable law. Broker shall provide to each person or persons who submits an application that is to be submitted to Lender, contemporaneously with the taking of the application, broker disclosure(s) that comply with applicable laws. Broker may not submit third party originations to Lender under this Agreement.
AutoNDA by SimpleDocs
TAKING OF APPLICATIONS/ DISCLOSURES. Correspondent shall take applications for Mortgage Loans in its own name through its employees. Correspondent shall provide to each Applicant, contemporaneously with the taking of such application, Correspondent disclosure(s) that comply with Applicable Requirements and the Guidelines. All Applications must have been originated and processed by Correspondent. Correspondent shall not submit third party originations under this Agreement.
TAKING OF APPLICATIONS/ DISCLOSURES. Broker shall take applications for Mortgage Loans at its offices in its own name through its employees. Broker shall provide to each person or persons who submits an application that is to be submitted to Lender, contemporaneously with
Time is Money Join Law Insider Premium to draft better contracts faster.