Mortgage Purchase Agreement definition

Mortgage Purchase Agreement means a written agreement between a Mortgage Lender and the Authority providing for the purchase of a Mortgage Loan by the Authority, including any related invitations to Lenders and commitment agreements, and any documents incorporated by reference therein.

Mortgage Purchase Agreement means a mortgage purchase agreement between the Corporation and a Mortgage Lender by which the Mortgage Lender agrees to originate, sell, transfer and assign Qualified Mortgages to the Corporation from time to time upon certain terms and conditions.

Mortgage Purchase Agreement means an agreement between MaineHousing and a Lender whereby MaineHousing agrees to purchase Mortgage Loans from the Lender in such form as may be prescribed by MaineHousing from time to time.

Examples of Mortgage Purchase Agreement in a sentence

• If there is a repurchase demand on the first Mortgage Loan under the Mortgage Purchase Agreement or this Guide, the Agency may also demand refund of all Smart Start monies in that transaction.

• The Participating Lender is responsible for originating, processing, underwriting, closing, post-closing and Interim Servicing all NJHMFA Mortgage Loans in accordance with all Applicable Laws, the Mortgage Purchase Agreement, this Guide, the applicable Term Sheets and guidelines.

• The Mortgage Purchase Agreement (or the Agreement) sets forth the requirements for maintaining status as an approved Participating Lender.

• The representations, warranties, and covenants contained in this Section shall be true and correct when made, and by accepting payment for each Mortgage Loan on its respective Purchase Date, the Participating Lender shall be deemed to affirm that these representations, warranties, and covenants remain true and correct as of that Purchase Date and continuing thereafter until the parties have no further obligations under the Mortgage Purchase Agreement for that Mortgage Loan’s purchase.

• Have executed and returned to the Agency a Mortgage Purchase Agreement for the calendar year.

More Definitions of Mortgage Purchase Agreement

Mortgage Purchase Agreement. The mortgage loan purchase agreement dated as of March 1, 2006 pursuant to which the Seller purchased the Mortgage Loans from Xxxxxx, Xxxx & Xxxxxxxx Mortgage Corp.

Mortgage Purchase Agreement means the written agreement entered into between the participating lending institution and the division, including any documents incorporated by reference therein, whereby the division agrees to purchase from the participating lending institution all the right, title and interest of the participating lending institution in the mortgage loan referenced in such mortgage purchase agreement.

Mortgage Purchase Agreement means a written agreement between a Mortgage Lender and the Authority providing for the purchase of a Mortgage Loan by the Authority or a Servicer, including any Related supplements and any documents incorporated by reference therein.

Mortgage Purchase Agreement. The Seller’s Purchase, Warranties and Servicing Agreement dated as of February 1, 2007 pursuant to which the Seller purchased the Mortgage Loans from Txxxxx, Bean & Wxxxxxxx Mortgage Corp.

Mortgage Purchase Agreement. The flow mortgage loan purchase warranties and servicing agreement dated as of June 1, 2006 pursuant to which the Bank purchased the Mortgage Loans from Xxxxxx, Xxxx & Xxxxxxxx Mortgage Corp.

Mortgage Purchase Agreement means a written agreement between a Participating Lending Institution and the Division providing for the purchase of Mortgage Loans by the Division, including any related supplements and any documents incorporated by reference therein.

Mortgage Purchase Agreement means an agreement between the Issuer and a Mortgage Lender, relating to the commitment to purchase a Mortgage Loan, as such agreement may from time to time be amended, substituted or supplemented.