Lending Program. No Mortgage Loan was originated pursuant to a federal, state or local “affordable housing,” “community lending” or other similar mortgage loan program. HomePossible, HomePossible Advantage, HomeReady, MyCommunity and all other similar or derivative loan programs not requiring alternative servicing activities shall not be considered a violation of this section.
Appears in 5 contracts
Sources: Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (New York Community Bancorp, Inc.), Bulk Purchase and Sale of Mortgage Servicing Rights (Mr. Cooper Group Inc.), Agreement for the Bulk Purchase and Sale of Mortgage Servicing Rights (First Savings Financial Group, Inc.)