Qualified Originator definition

Qualified Originator means an originator of Mortgage Loans which is acceptable under the Underwriting Guidelines.

Qualified Originator means an originator of Loans which is acceptable under the Agency Guidelines.

Qualified Originator means (a) Seller and (b) any other originator of Loans previously approved by Buyer; provided, that Buyer shall have the right to reject an originator (other than Seller) (in its sole discretion) by delivering written notice to Seller fifteen (15) days prior to ceasing to accept Loans originated by such person.

Examples of Qualified Originator in a sentence

• To the extent Seller’s status with Fannie Mae returns to “active” and at all times thereafter, Seller and/or any other Qualified Originator, if applicable, is a seller approved by Fannie Mae, in good standing to originate mortgages and has not been suspended as a mortgagee by Fannie Mae.

• Seller and/or any other Qualified Originator, if applicable, is a seller approved by Freddie Mac, in good standing to originate mortgages and has not been suspended as a mortgagee by Freddie Mac.

• The Loans were originated by Seller, and the origination and collection practices used by Seller or Qualified Originator, as applicable, with respect to the Loans have been, in all material respects legal, proper, prudent and customary in the residential mortgage loan origination and servicing business, and in accordance with FHA and/or VA standards as applicable, and in accordance with the Underwriting Guidelines.

• Each of Seller and/or any other Qualified Originator, if applicable, is an FHA Approved Mortgagee and a VA Approved Lender, in good standing to service mortgages and has not been suspended as a mortgagee or servicer by the FHA or VA, as applicable.

• Each of the Seller, Servicer and/or any Qualified Originator, if required and applicable, and Servicer, if applicable is, as applicable, a seller approved by Fannie Mae, Freddie Mac and Ginnie Mae, in good standing to originate and service mortgages and has not been suspended as a mortgagee or servicer by Fannie Mae, Freddie Mac or Ginnie Mae.

More Definitions of Qualified Originator

Qualified Originator means the Seller or a correspondent of the Seller approved by the Seller in accordance with the Seller’s correspondent approval process.

Qualified Originator means (a) the Borrower and (b) any other originator of Mortgage Loans as may be approved by the Lender in writing from time to time.

Qualified Originator means Seller.

Qualified Originator means (a) either Borrower, or (b) any other mutually agreed upon originator of Mortgage Loans; provided, however, that no correspondent of either Borrower shall be a Qualified Originator for the purposes of this Warehouse Agreement.

Qualified Originator. Guarantor or an Approved Originator.

Qualified Originator means an originator of Mortgage Loans reasonably acceptable to Agent.

Qualified Originator means (a) the Borrower and (b) any other -------------------- originator of Mortgage Loans acceptable to the Lender. "Regulations G, T, U and X" shall mean Regulations G, T, U and X of ------------------------- the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time.