Xxxxxxx Mac Guide definition

Xxxxxxx Mac Guide. The Xxxxxxx Mac Single Family Seller/Servicer Guide and all amendments or additions thereto.

Xxxxxxx Mac Guide means the Xxxxxxx Xxx Xxxxxxx’ and Servicers’ Guide, as such Guide may hereafter from time to time be amended.

Xxxxxxx Mac Guide means the Xxxxxxx Mac Single-Family Seller/Servicer Guide, as such Guide may be amended from time to time hereafter.

Examples of Xxxxxxx Mac Guide in a sentence

• The Servicer shall keep in force during the term of this Agreement a Fidelity Bond and Errors and Omissions Insurance the minimum coverage of which shall be at least equal to the coverage required by Xxxxxxx Mac in the Xxxxxxx Mac Guide or Xxxxxx Xxx in the Xxxxxx Mae Guides (unless a waiver of such requirement has been obtained by the Servicer from either Xxxxxxx Mac or Xxxxxx Mae).

• Errors and Omissions Insurance to be maintained by the Servicer in accordance with the Xxxxxx Xxx Guide or Xxxxxxx Mac Guide.

• The minimum coverage under any such Fidelity Bond and insurance policy shall be at least equal to the corresponding amounts required by FHA or VA, Xxxxxx Xxx in the Xxxxxx Mae Guides or by Xxxxxxx Mac in the Xxxxxxx Mac Guide, as amended or restated from time to time, as applicable, or in an amount as may be permitted to the Seller by express waiver of FHA or VA and Xxxxxx Xxx or Xxxxxxx Mac, as applicable.

• Except as indicated for pledged asset loans, if a Mortgage Loan has an LTV greater than 80%, the Mortgage Loan has mortgage insurance in accordance with the terms of the Xxxxxx Xxx Guide or the Xxxxxxx Mac Guide and is insured as to payment defaults by a Primary Mortgage Insurance Policy issued by a Qualified Insurer.

• The minimum coverage under any such Fidelity Bond and insurance policy shall be at least equal to the corresponding amounts acceptable to Xxxxxx Mae in the Xxxxxx Xxx Guide or by Xxxxxxx Mac in the Xxxxxxx Mac Guide.

More Definitions of Xxxxxxx Mac Guide

Xxxxxxx Mac Guide. The Xxxxxxx Mac Selling Guide and the Xxxxxxx Mac Servicing Guide and all amendments or additions thereto.

Xxxxxxx Mac Guide. The Xxxxxxx Mac Single Family Seller/Servicer Guide and all amendments or additions thereto in effect on and after the related Closing Date.

Xxxxxxx Mac Guide. The Xxxxxxx Mac Single Family Seller/Servicer Guide and all amendments or additions thereto. GAAP: Generally accepted accounting principles consistently applied.

Xxxxxxx Mac Guide. The Xxxxxxx Mac Single Family Servicing Guide, as amended, supplemented or otherwise modified from time to time. GAAP: Generally accepted accounting principles in effect from time to time in the United States of America. Xxxxxx Xxx: The Government National Mortgage Association, or any successor thereto.

Xxxxxxx Mac Guide. The Xxxxxxx Mac Single-Family Seller/Servicer Guide, as amended, modified or supplemented from time to time. References to chapters, sections and definitions in the Xxxxxxx Mac Guide refer to the chapters, sections and definition references that exist in the Xxxxxxx Mac Guide as of the Effective Date, but to the extent that the chapters, sections and definition references change in subsequent amendments to the Xxxxxxx Mac Guide, references to the Xxxxxxx Mac Guide shall also include any successor or replacement chapter, section and definition references.

Xxxxxxx Mac Guide means the “Sellers’ & Servicers’ Guide” published by Xxxxxxx Mac, as modified, amended, supplemented or restated from time to time.

Xxxxxxx Mac Guide. The Xxxxxxx Mac Selling Guide and the Xxxxxxx Mac Servicing Guide and all amendments or additions thereto. GAAP: Generally accepted accounting procedures, consistently applied. HUD: The United States Department of Housing and Urban Development or any successor.