ARC HOME Guidelines definition

ARC HOME Guidelines means all policies, procedures, and requirements, as may be established, amended, restated, supplemented or otherwise modified from time to time by ARC HOME, in its sole discretion, relating to this Agreement including (as applicable): (i) the submission, underwriting, closing, and funding of Packages, mortgage loans, or home equity lines of credit (or draws related thereto) and (ii) loan originator compensation, each pursuant to this Agreement, including, without limitation, any guidelines and/or matrixes published or made available by ARC HOME including but not limited to the Arc NQM & Elite QM Underwriting Guide, the HomeEQ Underwriting Guide, the Submission Requirements, and any terms or conditions set forth in the description of the Loan Program, all of which are expressly incorporated herein and made a part of this Agreement (collectively, the ARC HOME Wholesale Program).

Examples of ARC HOME Guidelines in a sentence

  • Xxxxxx understands and agrees that Xxxxxx shall, at the time of submission and at all times following the execution of this Agreement, comply with the ARC HOME Guidelines.

  • Xxxxxx acknowledges and agrees that the ARC HOME Guidelines may be changed from time to time, in ARC HOME’s sole discretion.

  • Except as related to changes to ARC HOME Guidelines, this Agreement may only be amended by a writing executed by the Parties.

  • This Agreement has an initial one-year term and is subject to annual renewal upon Broker’s recertification per ARC HOME Guidelines, including Broker providing satisfactory evidence of compliance with terms of this Agreement.

  • Broker shall conduct all activities contemplated by this Agreement in compliance with ARC HOME Guidelines and Applicable Law.

  • Upon receipt and acceptance of a Package from Broker, ARC HOME agrees to underwrite and approve or deny such Package according to ARC HOME’s underwriting criteria and ARC HOME Guidelines, applicable Agency or Non- Agency Guidelines, and Applicable Law.

  • In the event of a conflict between this Agreement and the ARC HOME Guidelines, the ARC HOME Guidelines shall control.

  • Xxxxxx agrees to receive all changes to the ARC HOME Guidelines, including any supplement, update, revision, documentation, and information concerning the ARC HOME Guidelines by (i) written notice in accordance with Section 16 herein or (ii) at the option of ARC HOME, in its sole discretion, by posting to ARC HOME’s website/portal.

  • Any compensation paid to Broker for providing Broker Services shall be paid pursuant to the Broker Compensation Selection Form executed by Broker and in compliance with ARC HOME Guidelines and Applicable Law.

  • Broker acknowledges that ARC HOME will rely on Broker to submit Packages in full compliance with ARC HOME Guidelines, Agency Guidelines (as applicable), and Applicable Law, as the same may evolve from time to time.

Related to ARC HOME Guidelines

  • Applicable Guidelines means the policies of the Bank governing the selection and Contract award process as set forth in this RFP.

  • 2%/25% Guidelines has the meaning set forth in Section 13.

  • Program Guidelines means any and all GLO-approved documents reflecting specific rules and regulations governing the implementation of the Program.

  • ECB €STR Guideline means Guideline (EU) 2019/1265 of the European Central Bank of 10 July 2019 on the euro short-term rate (€STR) (ECB/2019/19), as amended from time to time;

  • Federal poverty guidelines means the poverty guidelines published annually in the federal register by the United States department of health and human services under its authority to revise the poverty line under section 673(2) of subtitle B of title VI of the omnibus budget reconciliation act of 1981, 42 USC 9902.

  • Procurement Guidelines means the “Guidelines: Procurement under IBRD Loans and XXX Credits” published by the Bank in May 2004 and revised in October, 2006.

  • Guidelines means the Instructions to Authors available on the Xxxxxxx Science website, as well as the Aims & Scope applicable to the relevant Xxxxxxx Science publication). Xxxxxxx Science’s nominated service provider, Xxxxxxx Science, offers English language support services which Assignor may elect to utilise in respect of the Work by completing the applicable box in Schedule 1: Details of the Work. The provision of such services by Xxxxxxx Science shall be subject to Xxxxxxx 2 [v.122016] Science’s prevailing terms and rates relating to such type of optional support.

  • Treasury guidelines means any guidelines on supply chain management issued by the Minister in terms of section 168 of the Act;

  • Operating Guidelines means the guidelines for the creation and redemption of Units of a class as set out in the schedule to each Participation Agreement as amended from time to time by the Manager with the approval of the Trustee, and where applicable, with the approval of HKSCC and the Conversion Agent, and following consultation, to the extent reasonably practicable, with the relevant Participating Dealers subject always, in respect of the relevant Operating Guidelines for a Participating Dealer, any amendment being notified in writing by the Manager in advance to the relevant Participating Dealer. Unless otherwise specified, references to the Operating Guidelines shall be to the Operating Guidelines for the relevant Sub-Fund applicable at the time of the relevant Application.

  • Fitch Guidelines means the guidelines, as may be amended from time to time, in connection with Fitch’s ratings of the VMTP Shares.

  • Consultant Guidelines means the “Guidelines: Selection and Employment of Consultants by World Bank Borrowers” published by the Bank in May 2004 and revised in October 2006.

  • Leasing Guidelines means the guidelines approved in writing by Lender, from time to time, with respect to the leasing of the Property. The following are the initial Leasing Guidelines:

  • Design Guidelines means the Fernkloof Estate architectural design guidelines to control all aspects of design and landscaping of any development within the Fernkloof Estate dev elopment, as amended from time to t ime in terms of the constitution of the MPOA or as required by the Council , a copy of the current draft which i s av ailable for inspection at the offices of the Association;

  • Investment Guidelines means the investment guidelines approved by the Board, a copy of which is attached hereto as Exhibit A, as the same may be amended, restated, modified, supplemented or waived pursuant to the approval of a majority of the entire Board (which must include a majority of the Independent Directors).

  • Anti-Corruption Guidelines means the “Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and XXX Credits and Grants”, dated October 15, 2006.

  • Valuation Guidelines means the valuation guidelines adopted by the Board, as may be amended from time to time.

  • Xxxxxx Mae Guide The Xxxxxx Xxx Single Family Seller/Servicer Guide and all amendments or additions thereto.

  • Modification Guidelines has the meaning provided in Section 2.1(a) of this Single Family Shared-Loss Agreement.

  • Bidding Guidelines means the “Tariff Based Competitive-Bidding Guidelines for Transmission Service” and “Guidelines for Encouraging Competition in Development of Transmission Projects” issued by Government of India, Ministry of Power dated 13th April 2006 under Section – 63 of Electricity Act and as amended from time to time;

  • Xxxxxx Mae Guides The Xxxxxx Xxx Xxxxxxx’ Guide and the Xxxxxx Mae Servicers’ Guide and all amendments or additions thereto.

  • Consulting Guidelines means the Guidelines on the Use of Consultants by Asian Development Bank and its Borrowers (2010, as amended from time to time);

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • Program Guide The Residential Funding Seller Guide for mortgage collateral sellers that participate in Residential Funding's standard mortgage programs, and Residential Funding's Servicing Guide and any other subservicing arrangements which Residential Funding has arranged to accommodate the servicing of the Mortgage Loans.

  • Credit Guidelines means the policies of Credit Acceptance, relating to the extension of credit to automobile, light-duty truck, minivan and/or sport utility dealers and consumers in respect of retail installment contracts for the sale of automobiles, light-duty trucks, minivans and/or sport utility vehicles including the policies for determining creditworthiness of such dealers and consumers and otherwise relating to the extension of credit to dealers and consumers and the maintenance of installment sale contracts, as in effect on the Cut-off Date and as amended from time to time in accordance with the Basic Documents or in accordance with Applicable Law, attached hereto as Exhibit H.

  • FNMA Guides The FNMA Sellers' Guide and the FNMA Servicers' Guide, and all amendments or additions thereto.

  • User Guide means such user guide or document issued or prescribed by us, through any medium, setting out instructions on the use of the EB Services;