Examples of Freddie Mac in a sentence
The Participating Lending Institution shall deliver to the Servicer copies of all reports, correspondence, statements, notices or other written communications of the Participating Lending Institution delivered to the Trustee, the Xxxxxx Xxx Custodian, Xxxxxx Xxx, Freddie Mac or the Division pursuant to the applicable Program Agreement at the time so delivered to such other party.
All notices to FHA, VA, RHS, a PMI Insurer, Xxxxxx Xxx, Xxxxxx Xxx or Freddie Mac that are required to be given under applicable FHA, VA, RHS, PMI Insurer, Xxxxxx Xxx, Xxxxxx Xxx or Freddie Mac requirements, shall be given by the Participating Lending Institution prior to purchase of the Mortgage Loan by the Servicer.
Nothing in a Program Agreement shall confer any right upon any person other than the Division, the Participating Lending Institution, the Servicer, the Compliance Agent, Xxxxxx Xxx, Xxxxxx Xxx, Freddie Mac and the applicable Trustee; provided, however, that the owners of the applicable Bonds may, subject to the limitations of the applicable Indenture, enforce any of the rights of the applicable Trustee hereunder.
The Participating Lending Institution further agrees that all Mortgage Loans originated by the Participating Lending Institution under each Program will be eligible to be used for Xxxxxx Xxx Pools, Xxxxxx Xxx Pools, or Freddie Mac Pools to back Xxxxxx Xxx Certificates, Xxxxxx Xxx Certificates and Freddie Mac Certificates respectively, sold to the Division.
With respect to any Mortgage Loan included in a Freddie Mac Pool, the applicable custodian therefor will retain the items specified in clauses (i) and (ii).