Gxxxxx Mxx definition

Gxxxxx Mxx means the Government National Mortgage Association, its successors and assigns.

Gxxxxx Mxx means the Government National Mortgage Association, or any successor thereto.

Gxxxxx Mxx means the Government National Mortgage Association, an agency of the United States government, and any successor agency or other entity.

Examples of Gxxxxx Mxx in a sentence

• Buyer shall provide notice to Gxxxxx Mxx within five (5) Business Days of any participation made in accordance with this Section 9.03(a).

• Greater than 25% of Seller’s servicing portfolio consisting of Gxxxxx Mxx loans is seized or terminated in any single event or series of events arising from the same or substantially similar circumstances or occurrences.

• The Gxxxxx Mxx Contract is in full force and effect, and Seller has not been terminated as the servicer under the Gxxxxx Mxx Contract.

• Seller is approved by Gxxxxx Mxx as an approved issuer, and, to the extent necessary, approved by the Secretary of HUD pursuant to Sections 203 and 211 of the National Housing Act, as amended.

• Gxxxxx Mxx is a government agency within the Department of Housing and Urban Development which is intended to help finance government-assisted housing programs.

• Seller shall comply with the requirements of all applicable laws, rules, regulations and orders of any Governmental Authority and shall maintain its status with Gxxxxx Mxx as an approved issuer in accordance with applicable law and all rules, policies, procedures and standards of Gxxxxx Mxx.

• The timely payment of principal and interest on Gxxxxx Mxx securities is guaranteed by Gxxxxx Mxx and backed by the full faith and credit of the U.S. Government.

• Gxxxxx Mxx securities are backed by loans insured by the Federal Housing Administration or guaranteed by the Veterans Administration.

• Seller shall provide oversight of its Approved Subservicer to ensure the sound subservicing of the Mortgage Loans, in all material respects in accordance with Accepted Servicing Practices, the applicable Approved Subservicing Agreement and the Gxxxxx Mxx Requirements.

• In each such case, Seller is in good standing, with no event having occurred, including a change in insurance coverage which would either make Seller unable to comply with the eligibility requirements for maintaining all such applicable approvals or require notification to Gxxxxx Mxx or to HUD, FHA or VA.

More Definitions of Gxxxxx Mxx

Gxxxxx Mxx. The Government National Mortgage Association, a wholly owned corporate instrumentality of the United States within HUD.

Gxxxxx Mxx or “GNMA” shall mean the Government National Mortgage Association.

Gxxxxx Mxx. The Government National Mortgage Association or any successor thereto.

Gxxxxx Mxx means The Government National Mortgage Association, also known as Gxxxxx Mae, or any successor thereto.