Examples of Xxxxxx Xxx DUS Program in a sentence
Borrower represents and warrants to Credit Agent and Lenders that Borrower will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.
Each Collateral Mortgage Loan shall have been originated, processed, underwritten, closed, funded, and delivered to Xxxxxx Xxx in full compliance with the Company’s agreements with Xxxxxx Mae and all applicable Xxxxxx Xxx DUS Program guides.
Borrowers represent and warrant to Credit Agent and Lenders that Borrowers will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.
The Company has met the Xxxxxx Xxx DUS Program requirements for lender reserves for each Xxxxxx Mae DUS Mortgage Loan to be funded by an Advance.
The Borrower represents and warrants to Lender that the Borrower will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.
Borrower represents and warrants to Administrative Agent and each Lender that Borrower will have met the Xxxxxx Mae DUS Program requirements for lender reserves for each Xxxxxx Xxx DUS Mortgage Loan to be funded by a Warehousing Advance, at such time as required by Xxxxxx Mae under the Xxxxxx Xxx DUS Program.
In order to avoid the temptation for a near- monopoly to perpetuate itself, the government should from the start set out an exit strategy, including a time-frame – eg, 5-7 years – after which NAMA will be wound up.