Common use of Flood Certifications Clause in Contracts

Flood Certifications. Unless otherwise agreed upon by the Seller and the Purchaser, each Mortgage Loan is covered by a life of loan, transferable flood certification contract assignable to the Purchaser.

Appears in 63 contracts

Sources: Mortgage Loan Purchase Agreement (Angel Oak Mortgage, Inc.), Purchase and Sale Agreement, Mortgage Loan Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-8)