Fxxxxxx Mac definition

Fxxxxxx Mac. The Federal Home Loan Mortgage Corporation, or any successor thereto.
Fxxxxxx Mac. The entity formerly known as the Federal Home Loan Mortgage Corporation or any successor thereto.

Examples of Fxxxxxx Mac in a sentence

  • The appraisal was written, in form and substance, to (i) customary Fxxxxx Mxx or Fxxxxxx Mac standards for mortgage loans of the same type as such Mortgage Loans and (ii) USPAP standards, and satisfies applicable legal and regulatory requirements.

  • The selection of the appraiser met the criteria of Fxxxxx Mae and Fxxxxxx Mac for selecting an independent appraiser.

  • Such policy was issued by an insurer acceptable under the Fxxxxx Mae Guides or the Fxxxxxx Mac Guides.

  • If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fxxxxx Mxx and Fxxxxxx Mac requirements, in an amount not less than the amount required by the FDPA.

  • The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the Mortgagee's consolidated interest or by other title evidence acceptable to Fxxxxx Mae and Fxxxxxx Mac.


More Definitions of Fxxxxxx Mac

Fxxxxxx Mac. The Federal Home Loan Mortgage Corporation, a corporate instrumentality of the United States created and existing under Title III of the Emergency Home Finance Act of 1970, as amended, or any successor thereto.
Fxxxxxx Mac. Fxxxxxx Mac or any successor thereto.
Fxxxxxx Mac means Federal Home Loan Mortgage Corporation, a shareholder-owned government-sponsored enterprise organized and existing under the laws of the United States.
Fxxxxxx Mac means Fxxxxxx Mac, also known as The Federal Home Loan Mortgage Corporation, or any successor thereto.
Fxxxxxx Mac. The Federal Home Loan Mortgage Corporation, a corporation created pursuant to the Fxxxxxx Mac Act for the purpose of establishing and supporting a secondary market in residential mortgages. Unless the context requires otherwise, the term “Fxxxxxx Mac” shall be deemed to refer to Fxxxxxx Mac acting in one or more of its corporate capacities, as specified or as provided in context, and not in its capacity as Trustee. Fxxxxxx Mac Act: Title III of the Emergency Home Finance Act of 1970, as amended, 12 U.S.C. §§ 1451-1459. Gold PC: A PC with a Payment Delay of 45 days and which is backed by fixed-rate Mortgages. Guarantor: Fxxxxxx Mac, in its corporate capacity, as guarantor of the PCs issued by each PC Pool. 3
Fxxxxxx Mac means Fxxxxxx Mac, a corporation created under the laws of the United States, and any successor thereto.
Fxxxxxx Mac. The entity formerly known as the Federal Home Loan Mortgage Corporation (FHLMC), or any successor thereto.