Correspondent Agreement definition

Correspondent Agreement. Any agreement pursuant to which Chase Manhattan Mortgage Corporation, or any of its Affiliates, acquired any of the Mortgage Loans from a Correspondent.

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Correspondent Agreement. An agreement between a Correspondent and Triad relating to the sale of retail installment contracts to Triad and all documents and instruments relating thereto.

Correspondent Agreement means any agreement between a Selling Company, on the one hand, and a broker, correspondent, originator or purchaser of residential mortgage loans on the other hand, pursuant to which such broker, correspondent, originator or purchaser may sell residential mortgage loans to such Selling Company or provide application processing services in respect of Mortgage Loans;

Examples of Correspondent Agreement in a sentence

• In the event of any conflict between the terms of the Correspondent Agreement and the PPPLF Agreement, the PPPLF Agreement shall control to the extent of any conflict.

• For purposes of the PPPLF Agreement, references to the following terms in the Correspondent Agreement shall have the following meanings: references to the “Borrower” shall mean the Borrower hereunder, references to the “Bank” shall mean the Reserve Bank, and references to the “Correspondent” shall refer to the depository institution having an Account at the Reserve Bank and that is designated by the Borrower hereunder (“Borrower’s Depository Institution”).

• These individuals are also authorized to instruct the Reserve Bank not to debit our account or to reverse a debit in accordance with Paragraph 5 of the Correspondent Agreement.

• We agree to act as Correspondent for and, as (Name of depository institution) such, to be bound by the provision of the Correspondent Credit and Payment Agreement, currently an ancillary agreement attached to your Operating Circular No. 10, effective October 15, 2006, as amended from time to time ("Correspondent Agreement").

• The Borrower’s failure to give such notice does not affect the rights and obligations of the Bank and the Correspondent with respect to each other under this Correspondent Agreement.

More Definitions of Correspondent Agreement

Correspondent Agreement means an agreement between the Company (or a Subsidiary of the Company) and a Person, primarily relating to such Person acting as a money transmission paying agent.

Correspondent Agreement means any agreement, as amended or modified, for the acquisition or sale of any Mortgage Loan originated or brokered by or to the Company or any Company Subsidiary, including all Investor guides, manuals, handbooks, bulletins, circulars, announcements, issuances, releases, letters, correspondence and other instructions applicable to such agreements.

Correspondent Agreement means that certain Paycheck Protection Program Liquidity Facility Correspondent Agreement dated June 10, 2020 by and among The Loan Source, Inc., a Delaware corporation, ACAP SME, LLC, a Delaware limited liability company, and Northeast Bank, a banking corporation organized under the laws of the State of Maine.

Correspondent Agreement means the Correspondent Loan Purchase Agreement entered into by and between HomeSide Lending, and the Affiliate Mortgage Company as of the Effective Date ,and which shall govern the terms under which the Affiliate Mortgage Company shall originate and fund, and HomeSide shall acquire the New Secondary Market Mortgage Loans and related Servicing Rights. The Correspondent Agreement is attached to this Operating Agreement as Exhibit A.

Correspondent Agreement means any arm’s-length correspondent or similar agreements related to loan origination referrals.

Correspondent Agreement means the nonexclusive Correspondent Agreement between Holl▇▇▇▇ ▇▇▇o▇▇▇▇ ▇▇▇l▇▇ ▇▇▇ the Company.

Correspondent Agreement means any Contract, as amended and modified, for the acquisition of any Mortgage Loan originated or brokered by or to the Borrower or any of its Subsidiaries, including all investor guides, manuals, handbooks, bulletins, circulars, announcements, issuances, releases, letters, correspondence and other instructions applicable to such Contracts.