Examples of FHLMC Guide in a sentence
The minimum coverage under any such Fidelity Bond and Errors and Omissions Insurance Policy shall be at least equal to the corresponding amounts required by FNMA in the FNMA Mortgage-Backed Securities Selling and Servicing Guide or by FHLMC in the FHLMC Guide.
Hazard insurance policies meeting the requirements of each the Mortgage and of the relevant GNMA, FNMA or FHLMC Guide and the Investor's requirements are in force.
Mortgage Loans purchased by the Master Servicer shall be serviced by the Master Servicer in accordance with provisions of the applicable MBS program (e.g., Fannie Mae Guide, FHLMC Guide or GNMA Guide), the Board Guide as indicated herein, and the applicable Terms and Conditions.
Each Mortgage Loan to be originated and sold to the Master Servicer and pooled into an MBS is required to meet all the terms and conditions of the contracts and guide related to such MBS program (e.g., Fannie Mae Guide, FHLMC Guide or GNMA Guide).
The Servicer shall determine that such policies provide sufficient risk coverage and amounts as required pursuant to the FNMA Guides or the FHLMC Guide, that they insure the property owner, and that they properly describe the property address.