Government Loans definition

Government Loans means loans which are made by Federal, State, county or city agencies which are authorized by law to make such loans.

Government Loans means loans made by federal, State, county or city agencies authorized to make such loans.

Government Loans. Must be eligible for sale through the Government National Mortgage Association's Mortgage Backed Security program. All loans must have the required insurance certificate from the VA or FHA as required. Seller will be responsible for providing all documents necessary for initial and final certification of the pools. All loans sold will not be 30 days or greater delinquent prior to the receipt of the first payment. All loan documents will be received in a timely manner. EXHIBIT "D" FORM OF SECRETARY'S CERTIFICATE ------------------------------- EXHIBIT "E" FORM OF OPINION OF COUNSEL -------------------------- GMAC Mortgage Corporation 100 Xxxxxx Xxxx Xxxxxxx, PA 19044-0963 Dear Sirs: You have requested my opinion, as counsel to E-LOAN, INC., a Massachusetts corporation (the "Seller"), with respect to certain matters in connection with the sale by the Seller pursuant to that certain GMAC Mortgage Corporation Seller's Agreement, dated as of ______, 199_ (the "Purchase and Sale Agreement") between you and the Seller, of certain Mortgage Loans as defined in the Purchase and Sale Agreement. Capitalized terms not otherwise defined herein have their respective meanings set forth in the Purchase and Sale Agreement. I have examined the following documents:

Examples of Government Loans in a sentence

• Government Agency Eligibility‌ In order to be eligible to originate and sell Government Loans to, and service them for, the MPF Bank, in addition to the above requirements, the Originator, PFI, or Servicer must also be authorized to originate, sell, or service mortgage loans by the applicable Government Agency.

• Government Loans‌ To maintain eligibility to sell and/or service Government Loans under the MPF Program, entities must be in compliance with the Guides and all eligibility requirements set forth in their Applicable Agreements, unless a written waiver was granted by the MPF Bank, in addition, to any other requirements established by the applicable Government Agency.

• Government Loans (Amendments to MFRS 1) has no financial impact to the Group and the Bank as the Group and the Bank do not hold any government grants or receive any government assistance.

• In addition, the Ownership Agreement specifies any ownership financial flows between the Authority or Company and the Government namely: • Equity Investments; • Capital Withdrawals; • Dividend or Profit Distributions; • Government Loans; • Government Guarantees.

• In addition, the Ownership Agreement specifies any ownership financial flows between the Authority or Company and the Government namely:  Equity Investments  Capital Withdrawals  Dividend or Profit Distributions  Government Loans  Government Guarantees The Government also has a purchase relationship with some Statutory Authorities and Government Companies.

More Definitions of Government Loans

Government Loans means any amounts owed by with respect to obligations for borrowed money under the Paycheck Protection Program established by the CARES Act or any other loan or liquidity program authorized by the CARES Act or any other state or federal relief program.

Government Loans means loans insured by the following government entities: FHA, PIH, USDA, and VA.

Government Loans means loans made by the Guarantor to DBM from time to time for the purpose of financing the operations of DBM and subordinated to all other debt for the purpose of liquidation.

Government Loans means moneys lent out of the Consoli-

Government Loans means the loans listed on Schedule 1.01A as in effect on the date hereof.

Government Loans shall have the meaning assigned to such term in Section 6.01(aa).

Government Loans shall have the meaning set forth in the recitals.