Common use of FHA Clause in Contracts

FHA. Each of Seller and/or any other Qualified Originator, if applicable, is an FHA Approved Mortgagee in good standing to acquire, originate and service, as applicable, mortgages and has not been suspended as a mortgagee or servicer by FHA. Seller and Subservicer are not under review or investigation or have knowledge of imminent or future investigation, by FHA.

Appears in 2 contracts

Sources: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

FHA. Each of Seller and/or any other Qualified Originator, if applicable, is an FHA Approved Mortgagee Mortgagee, in good standing to acquire, originate and service, as applicable, service mortgages and has not been suspended as a mortgagee or servicer by the FHA. Seller and the Subservicer are not under review or investigation or and do not have knowledge of imminent or future investigation, by the FHA.

Appears in 1 contract

Sources: Master Repurchase Agreement (Tree.com, Inc.)