Common use of Qualified Lender Clause in Contracts

Qualified Lender. The Mortgage Loan was originated by a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or similar institution supervised and examined by a federal or state authority.

Appears in 6 contracts

Samples: Flow Mortgage Loan Sale and Servicing Agreement (Sequoia Mortgage Trust 2013-3), Flow Mortgage Loan Sale and Servicing Agreement (Sequoia Mortgage Trust 2013-1), Flow Mortgage Loan Sale and Servicing Agreement (Sequoia Mortgage Trust 2012-4)

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Qualified Lender. The Mortgage Loan was originated by an entity that is either a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or similar an institution which is supervised and examined by a federal or state authority, or a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act, and was so at the time such Mortgage Loan was originated.

Appears in 1 contract

Samples: Purchase and Warranties Agreement (Caliber Home Loans, Inc.)

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