Common use of VA Guaranty Agreement Clause in Contracts

VA Guaranty Agreement. The obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Serviceman's Readjustment Act, as amended.

Appears in 4 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (CMALT (CitiMortgage Alternative Loan Trust), Series 2007-A7), Mortgage Loan Purchase and Servicing Agreement (Citicorp Mortgage Securities Inc), Mortgage Loan Purchase and Servicing Agreement (Citicorp Mortgage Securities Trust, Series 2007-6)

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VA Guaranty Agreement. The obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Serviceman's ’s Readjustment Act, as amended.

Appears in 2 contracts

Samples: Warranties and Servicing Agreement (JPMMT 2007-A6), Warranties and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-S1)

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