Xxxxxxx Mac definition

Xxxxxxx Mac. The Federal Home Loan Mortgage Corporation, or any successor thereto.

Xxxxxxx Mac means the Federal Home Loan Mortgage Corporation.

Xxxxxxx Mac. Xxxxxxx Mac, formerly known as Federal Home Loan Mortgage Corporation, or any successor thereto.

Examples of Xxxxxxx Mac in a sentence

• The Servicer is in good standing to service mortgage loans for either Xxxxxx Mae or Xxxxxxx Mac.

• The Servicer shall also maintain a fidelity bond in the form and amount that would meet the requirements of Xxxxxx Mae or Xxxxxxx Mac, unless the Servicer has obtained a waiver of such requirements from Xxxxxx Mae or Xxxxxxx Mac.

• The Company is an approved seller/servicer of conventional residential mortgage loans for Xxxxxx Xxx or Xxxxxxx Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans.

• In the event a hazard insurance policy shall be in danger of being terminated, or in the event the insurer shall cease to be acceptable to Xxxxxx Mae or Xxxxxxx Mac, the Company shall notify the Purchaser and the related Mortgagor, and shall use its best efforts, as permitted by applicable law, to obtain from another qualified insurer a replacement hazard insurance policy substantially and materially similar in all respects to the original policy.

• The Servicer is an approved seller/servicer of conventional residential mortgage loans for Xxxxxx Xxx and Xxxxxxx Mac, with the facilities, procedures and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans.

More Definitions of Xxxxxxx Mac

Xxxxxxx Mac means Xxxxxxx Mac, or any successor thereto.

Xxxxxxx Mac. The Federal Home Loan Mortgage Corporation, a corporate instrumentality of the United States created and existing under Title III of the Emergency Home Finance Act of 1970, as amended, or any successor thereto.

Xxxxxxx Mac. A corporate instrumentality of the United States created and existing under Title III of the Emergency Home Finance Act of 1970, as amended, or any successor thereto.

Xxxxxxx Mac means the Federal Home Loan Mortgage Corporation, a shareholder-owned government-sponsored enterprise organized and existing under the laws of the United States.

Xxxxxxx Mac or “FHLMC” shall mean the Federal Home Loan Mortgage Corporation.

Xxxxxxx Mac. The Federal Home Loan Mortgage Corporation, a corporation created pursuant to the Xxxxxxx Mac Act for the purpose of establishing and supporting a secondary market in residential mortgages. Unless the context requires otherwise, the term “Xxxxxxx Mac” shall be deemed to refer to Xxxxxxx Mac acting in one or more of its corporate capacities, as specified or as provided in context, and not in its capacity as Trustee.

Xxxxxxx Mac. The entity formerly known as the Federal Home Loan Mortgage Corporation (FHLMC), or any successor thereto.