PFI Agreement definition
Examples of PFI Agreement in a sentence
Servicing Features PFIs who retain Servicing Rights must service the Mortgage Loans in accordance with the requirements of the PFI Agreement and the Guides.
PFIs who sell or transfer Servicing Rights must do so in accordance with the PFI Agreement and the Guides.
The PFI’s CE obligation is an undertaking under the terms of the PFI Agreement.
Any capitalized terms not defined in this Amendment shall have the meaning assigned to them in the Agreement, which includes those terms defined in the PFI Agreement and the Guides and by reference included in the Agreement.
Parameters Requirements PFIs who sell or transfer Servicing Rights must do so in accordance with the PFI Agreement and the Guides.
The Pittsburgh Bank shall use the most current form of PFI Agreement as supplied to it by the MPF Provider when executing a PFI Agreement with a member.
Neither party nor any of its shareholders, directors, officers, employees or agents shall be liable to the other for any obligation, undertaking, act or judgment of any Borrower, any PFI, any guarantor or any other person, or be bound to ascertain or inquire as to the performance or observance by any PFI of any provision of any PFI Agreement, Master Commitment, the Guides, any Loan or any of the Loan Documents.
In connection with the Subject Servicing, Colonial covenants and agrees to comply with all applicable requirements of the MPF Guides, Colonial’s PFI Agreement, the Servicing Sale Manual, this Agreement and Applicable Law.
The Boston Bank shall have the responsibility to protect its Program Loans by enforcing the terms of the PFI Agreement and PFIs compliance with the Guides, on behalf of itself and the MPF Provider.
As of the Sale Date for each Serviced Mortgage, the Selling PFI represents and warrants with respect to such Mortgage that it has complied with all applicable requirements of the MPF Guides, the Selling PFI Agreement, the Servicing Sale Manual, this Agreement and Applicable Law, and the Selling PFI covenants to continue to comply with all such requirements until the Serviced Mortgage is paid off or otherwise liquidated.