Special Feature definition
Examples of Special Feature in a sentence
An annual meeting of the Member, to discuss such matters as the Member may decide, shall be held at such time, date and place that the Member determines.
Special Feature Code(s) (“SFC”): Specific to Variance Mortgages 058 - for all HomePath Renovation Mortgages Special Feature Code(s) (“SFC”): Other Instructions • All standard per Selling Guide, including: • 118 (for first Mortgages originated in conjunction with Community Seconds transactions); or • 062 (Expanded Approval Mortgages) - for all HomePath Renovation Mortgages that receive an EA-I recommendation from DU.
Additionally, Lender shall identify all EA-I Mortgages, EA-II Mortgages and EA-III Mortgages at delivery with the applicable Special Feature Code as shown below.
For all Mortgages originated under these terms and conditions, Lender is required to enter Special Feature Code “481” on the Loan Schedule (Form 1068) or Schedule of Mortgages (Form 2005).
For all Mortgages originated under these terms and conditions, Lender is required to enter Special Feature Code “460” on the Loan Schedule (Form 1068) or Schedule of Mortgages (Form 2005).
For all Mortgages originated under these terms and conditions, Lender is required to enter Special Feature Code “480” on the Loan Schedule (Form 1068) or Schedule of Mortgages (Form 2005).
The appropriate Special Feature Code (“SFC”) as indicated below must be entered on the Schedule of Mortgages (Form 2005) or Loan Schedule (Form 1068), as applicable.
Additionally, Lender shall identify all EA-I Mortgages and EA-II Mortgages at delivery with the applicable Special Feature Code as shown below.
Special Feature Codes On the "Schedule of Mortgages" for MBS deliveries or the Loan Schedule for cash deliveries, in the box labeled "Special Features" enter the codes designated in the applicable addendum attached to the Housing Impact Program Schedule or in the Selling Guide.
Special Feature Code(s) (“SFC”): Specific to Variance Mortgages “215” “001” Note: Once renovation has been completed, Lender must contact its ▇▇▇▇▇▇ ▇▇▇ Customer Account Team to remove SFC “001.” Special Feature Code(s) (“SFC”): Other Instructions To have the recourse obligation (identified by SFC “001”) removed from any Mortgage, Lender must provide its ▇▇▇▇▇▇ Mae Senior Account Manager or Customer Account Risk Manager with documentation showing that renovation related to such Mortgage has been completed.