Common use of Origination and Underwriting Clause in Contracts

Origination and Underwriting. The origination practices of the Mortgage Loan Seller (or the related originator if the Mortgage Loan Seller was not the originator) with respect to each Mortgage Loan have been, in all material respects, legal and as of the date of its origination, such Mortgage Loan (or the related Whole Loan, as applicable) and the origination thereof complied in all material respects with, or was exempt from, all requirements of federal, state or local law relating to the origination of such Mortgage Loan; provided that such representation and warranty does not address or otherwise cover any matters with respect to federal, state or local law otherwise covered in this Exhibit D.

Origination and Underwriting. The origination practices of the Mortgage Loan applicable Seller (or the related originator if the Mortgage Loan such Seller was not the originator) with respect to each Mortgage Loan have been, in all material respects, legal and as of the date of its origination, such related Mortgage Loan (or the related Whole Loan, as applicable) and the origination thereof complied in all material respects with, or was exempt from, all requirements of federal, state or local law (or, with respect to any Foreign Purchased Asset, the law of the relevant jurisdiction) relating to the origination of such Mortgage Loan; provided that such representation and warranty does not address or otherwise cover any matters with respect to federal, state or local law otherwise covered in this Exhibit D.XII-A.