Examples of First Testing Period in a sentence
As a result, the Second Testing Period also includes the entire time period covered by the First Testing Period.
As described above in footnote 3, prior to the testing conducted in relation to the First Testing Period, I consented to Servicer submitting for testing and validation only 100 loans for the First Testing Period.
In the case of properties owned by legal persons (i.e., companies), the value is defined as the book value of the property.
As discussed in the First Interim Report, prior to the PPF’s review of the IRG’s Consumer Relief testing for the 100 loans submitted for the period extending from July 1, 2013 through December 31, 2014 (First Testing Period), I, along with the PPF and some of my otherProfessionals, met with representatives of Servicer to gain an understanding of its mortgage banking operations, SOR and IRG program, and the IRG’s proposed approach for Consumer Relief testing, among other things.
The knowledge gained during these meetings relative to the First Testing Period carried forward into the Second Testing Period and was supplemented by the PPF, as necessary or appropriate, through continued interaction with the IRG and Servicer.2. Review.
State Reports/Reported Credit Amounts In order to meet my obligation of identifying any material inaccuracies in prior State Reports filed by Servicer, I conducted a comparison of the information contained in Servicer’s Consumer Relief Report regarding Consumer Relief granted, including the 100 loans submitted for Consumer Relief credit during the First Testing Period, to the program-to-date data contained in Servicer’s State Report filed for the quarter ending June 30, 2015.
The 100 loans tested in the First Testing Period are not included in the Consumer Relief Report that is the subject of the IRG Assertion submitted in relation to the Second Testing Period and described in Section II.E, below.
The knowledge gained during these meetings relative to the First Testing Period carried forward into the Second Testing Period and was supplemented by the PPF as necessary or appropriate through continued interaction with the IRG and Servicer.2. Review.
These reviews were of the same type as those undertaken by the PPF in performing its confirmatory work for the First Testing Period and included access to information of the type substantially identical to that to which it was afforded access relative to its confirmatory work for the First Testing Period.3. Results of the PPF’s Testing of Reported Consumer Relief Credit.
These reviews were of the same type as those undertaken by the PPF in performing its confirmatory work for the First Testing Period and included access to information of the type substantially identical to that to which it was afforded access relative to its confirmatory work for the First Testing Period.