Participating Lender Agreement definition

Participating Lender Agreement means the agreement entered into between the Servicer and the Lender as to the terms and conditions under which the Servicer will purchase a Mortgage Loan from the Lender.
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Participating Lender Agreement means the agreement by that name by and between the Participant and the Servicer relating to the Agency’s Program, as the same may be amended from time to time, which is incorporated herein by reference.
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Participating Lender Agreement means the Participating Lender Agreement between the Participant and the Servicer, establishing the terms and conditions upon which the Servicer will manage a Participant’s participation in a Program, as amended and supplemented, which Participating Lender Agreement is made a part hereof as if fully set forth herein.
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Examples of Participating Lender Agreement in a sentence

  • Lender hereby covenants and agrees to originate mortgage loans in accordance with U.S. Bank’s Participating Lender Agreement and all other correspondent lending documents.

  • Program specifics as defined herein, together with those specified in this Program Lender Agreement, the attached HFA Guidelines, the Administrator’s Guidelines, and U.S. Bank’s Participating Lender Agreement are subject to change with sufficient notice to the Lenders which will not adversely affect those Mortgage Loans for which a commitment has been made.

  • Lenders will also be asked to execute a Participating Lender Agreement directly with US Bank and/or SETH to confirm origination, deliver and purchase terms and conditions specifically for mortgage loans under this Program.

  • Participant has entered into a Participating Lender Agreement with the Servicer with respect to the Program.

  • The Participating Lender Agreement, the Lender Guide, Servicing Agreement and the Administrator’s Guidelines are all incorporated herein by reference and made a part of this Agreement.

  • Participating and Correspondent Lenders musts execute a DAP Participating Lender Agreement.

  • Participant shall submit to the Servicer, with respect to each Mortgage Loan, the documents described in and at the times no later than the times required in the Lender’s Guide and Participating Lender Agreement.

  • The Servicer’s assessment of such penalty fee shall be in addition to and not in lieu of the Servicer’s other remedies hereunder and under the Participating Lender Agreement, including the remedy of repurchase of the Mortgage Loan as provided herein and in Section 7 of the Participating Lender Agreement.

  • The Servicer’s exercise of its right to have the Participant repurchase any Mortgage Loan hereunder and under the Participating Lender Agreement shall be in addition to, and not in lieu of, any other rights or remedies which the Servicer may have against the Participant hereunder, under the Participating Lender Agreement or under applicable law.

  • Any Mortgage Loan purchased by Servicer for which documents are subsequently found to be defective due to a defect with the requirements of either FHA or VA must be repurchased by Participant originating such Mortgage Loan unless the defect is corrected or Participant obtains the applicable guarantor’s consent to no longer consider the Mortgage Loan to be defective, as set forth in the Participating Lender Agreement.


More Definitions of Participating Lender Agreement

Participating Lender Agreement means the agreement signed between the Servicer and each Lender as to the terms and conditions under which the Servicer will purchase a Mortgage Loan from a Lender and the duties, obligations, representations, warranties, and covenants of the Lender to the Servicer.
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Participating Lender Agreement means an agreement between the Servicer and each Lender as to the terms and conditions under which the Servicer will purchase a Mortgage Loan from a Lender.
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Participating Lender Agreement means that the loan purchase and origination agreement, designated by the Servicer, executed on or before the origination of any Mortgage Loans by a Mortgage Lender by and between the Servicer and such Mortgage Lender.
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Participating Lender Agreement means, with respect to a first lien Loan, if applicable, the written agreement between CalHFA’s Master Servicer and a Lender under the respective Program that sets forth the terms and conditions of the sale of first lien Loans from a Lender to CalHFA’s Master Servicer.
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Participating Lender Agreement means the Participating Lender Agreement by and between the Servicer and each participating Lender setting forth the requirements for such Lender’s approval and ability to sell mortgage loans, including Mortgage Loans originated pursuant to the Corporation’s Program, to the Servicer.
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Participating Lender Agreement means the agreement between the Master Servicer and each Lender regarding the origination and purchase of Mortgage Loans.
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Related to Participating Lender Agreement

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Participating Banks means such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Designating Lender has the meaning specified in Section 8.07(h).

  • Existing Lenders as defined in the recitals hereto.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Exiting Lender see Section 2.17.7.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Non-BA Lender means any Lender which is not a BA Lender.