GMFS definition
Examples of GMFS in a sentence
The roll for determining this payment shall be set annually and be the greater of the GMFS roll or the March 1 confirmed roll of the following year.
If the loan has been sold by GMFS LLC to an investor, the bill may also include an assessment for interest due in the month of payoff.
Nothing in this Agreement shall be construed as obligating GMFS LLC to accept or approve any such application, loan package or mortgage loan.
Unless agreed to by GMFS LLC in writing, no setoff exercised by GMFS LLC shall be deemed or construed as an accord and satisfaction.
An early payoff is defined as any loan, whether a first or second lien loans, that pays off in full within one hundred and eighty (180) days after the purchase date of the loan by GMFS LLC.
Your cooperation and prompt response GMFS LLC request will be sincerely appreciated.
BE IT RESOLVED, that the execution and delivery of a Loan Purchase Agreement between GMFS LLC and this corporation for the sale from time to time of assets by this corporation to GMFS LLC for such consideration as GMFS LLC considers adequate and sufficient and upon such terms and conditions and with such covenants and warranties as considers necessary and desirable, be and the same is hereby authorized, approved and ratified as the act and deed of this corporation.
Any entity that provides information to GMFS LLC – for this purpose will be held harmless relative to GMFS LLC interpretation of such information.
GMFS LLC will review the AUS Findings to ensure that the income and assets used in the AUS are those reflected in the bank statements and income analysis worksheets that are presented by the Delegated Correspondent.
Upon payment of such repurchase price, GMFS LLC shall endorse and assign without recourse or warranty whatsoever, or shall cause the holder thereof to endorse and assign, the promissory note and mortgage to Correspondent.