Mortgage Origination Agreement definition

Mortgage Origination Agreement means the Master Mortgage Origination Agreement by and between the Department and a Mortgage Lender, together with any amendments thereto.
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Mortgage Origination Agreement means the mortgage origination agreement between the Corporation and a Lender relating to Programs financed by Bonds.
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Mortgage Origination Agreement means a Mortgage Loan Origination and Servicing Agreement among the Authority, the Trustee and a Mortgage Lender.
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Examples of Mortgage Origination Agreement in a sentence

  • Application Agreement means the “Application for ADFA Approved Mortgage Lender” which proposed mortgage lenders must submit to ADFA for approval prior to the execution of any Mortgage Origination Agreement.

  • Prepayment means any monies, however derived, which are received or recovered by the Authority from any payment of, or with respect to, principal on any Mortgage Loan prior to scheduled payments of principal called for by such Mortgage Loan; provided, however, that no monies received or recovered by the Authority from the repurchase of a Mortgage Loan by a Mortgage Lender pursuant to any Mortgage Origination Agreement must be a prepayment.

  • Requirement that the Master Servicer purchase a Mortgage Loan as a result of a failure of such Mortgage Lender to abide by the provisions of the Mortgage Origination Agreement and the Program Guide, and the failure of such Mortgage Lender to timely repurchase said Mortgage Loan upon receipt of proper notice; d.

  • Demonstrate the financial capacity to repurchase mortgages that do not meet performance and quality standards as defined in the Mortgage Origination Agreement.

  • The maximum rate of pumping on the water source well is limited to 210 l/min.

  • At its sole discretion, the Authority reserves the right to suspend, modify, or terminate an approval should a Participating Lender fail to perform or provide information as required or requested according to the Mortgage Origination Agreement or as required by other program guidance.Suspension or termination will be in accordance to the terms of the Mortgage Origination Agreement.

  • Supplemental Notice means a written notice from the Authority to all affected Mortgage Lenders and the Master Servicer, by which the Authority exercises its reserved right to modify certain provisions of the Mortgage Origination Agreement and this Program Guide.

  • Upon the occurrence of an EPD with respect to any loan, the participating lender is obligated to repurchase the loan in accordance with the Mortgage Origination Agreement and the Program Manual.

  • Each lender executes a Mortgage Origination Agreement which imposes, among other things, requirements related to the use of confidential information.

  • As to the Mortgage Lender, the address shown on the Mortgage Origination Agreement.


More Definitions of Mortgage Origination Agreement

Mortgage Origination Agreement means the contract between the Corporation and a mortgage lender, together with any amendments thereto, setting forth certain terms and conditions relating to the origination and sale of mortgage loans by the mortgage lender and the financing of such mortgage loans by the Corporation.
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Mortgage Origination Agreement means each Mortgage Origination Agreement, by and between the Department and a Mortgage Lender relating to the Program, together with any amendments thereto.
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Mortgage Origination Agreement means the Mortgage Origination Agreement, by and between the Division and the Participating Lending Institution, together with any amendments thereto.
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Related to Mortgage Origination Agreement

  • Sale Agreement means the Sale and Contribution Agreement, dated as of the date hereof, by and between the Equityholder, as seller, and the Borrower, as purchaser.