Agency Takeout Commitment definition

Agency Takeout Commitment means a commitment by an Agency to purchase the Mortgage Loan under any of its cash purchase programs.
View Source

Examples of Agency Takeout Commitment in a sentence

  • The Seller shall service all Purchased Mortgage Loans which are subject to an Agency Takeout Commitment in accordance with the applicable Agency guide.

  • MortgageIT shall service or cause to be serviced, all Mortgage Loans which are subject to an Agency Takeout Commitment in accordance with the applicable Agency guide.

  • The Seller shall cause all Purchased Mortgage Loans which are subject to an Agency Takeout Commitment to be serviced in accordance with the applicable Agency guide.

  • The Seller shall service all Purchased Assets which are subject to an Agency Takeout Commitment in accordance with the applicable Agency guide.

  • Each Agency Takeout Commitment designates the Buyer as the payee of the purchase price thereunder.

  • Each Agency Takeout Commitment has been assigned pursuant to a Takeout Commitment Assignment to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Securities, Inc (“MLGSI”).

  • HMC shall service all Purchased Mortgage Loans which are subject to an Agency Takeout Commitment in accordance with the applicable Agency guide.