Common use of Pricing of Loans Clause in Contracts

Pricing of Loans. Pursuant to the delegation of pricing authority established by the Federal Housing Finance Board in Resolution No. 99-50, dated October 4, 1999, the Boston Bank has elected to utilize the pricing methodology developed by the MPF Provider, provided that such methodology shall not be modified without prior notice to the Boston Bank. Thus, the MPF Provider shall be responsible for the calculation and publication of the prices applicable to both Agency Loans and Closed Loans.

Pricing of Loans. (a) Pursuant to the delegation of pricing authority established as permitted by the Federal Housing Finance Board in Resolution No. 99-50, dated October 4, 1999FHFB at 12 CFR Part 955.5(c), the Boston Bank Bank, except as set forth in subsection (b) hereof, has elected to utilize the pricing methodology developed by the MPF Provider, provided that such methodology shall not be modified without prior notice to the Boston Bank. Thus, the MPF Provider shall be responsible for the calculation and publication of the prices for the Boston Bank applicable to both Agency Loans and Closed all Program Loans.