Common Contracts
1 similar Representations and Warranties Agreement contracts
ATTACHMENT 1 GINNIE MAE REPRESENTATIONS AND WARRANTIES AGREEMENTRepresentations and Warranties Agreement • March 20th, 2006
In an effort to lower the cost of homeownership, Ginnie Mae has chosen to reduce the documentation expenses associated with the final certification process. In certain circumstances, and where Ginnie Mae, in its sole discretion, deems it appropriate, Ginnie Mae will grant revocable representations and warranties waiving the requirement that issuers provide document custodians with the mortgage, intervening assignments and title policy for final certification, as provided in Chapter 11-3 of Ginnie Mae’s Mortgage-Backed Securities Guide 5500.3, Rev. 1 (“Guide”).
