{"component": "definition", "props": {"groups": [{"snippet": "A fully-modified pass-through mortgage-backed certificate guaranteed by GNMA, evidenced by a book-entry credit made by a Securities Intermediary that is a participant of The Depository Trust Company and backed by a pool of GNMA Mortgage Loans, in substantially the principal amount and with substantially the other terms as specified with respect to such GNMA Security in the related Takeout Commitment, if any.", "samples": [{"hash": "e4Bjw85y5mR", "uri": "/contracts/e4Bjw85y5mR#gnma-security", "label": "Custodial Agreement (Mortgageit Holdings Inc)", "score": 21.0, "published": true}, {"hash": "2FW2Yxmmn3S", "uri": "/contracts/2FW2Yxmmn3S#gnma-security", "label": "Custodial Agreement (Crescent Banking Co)", "score": 21.0, "published": true}, {"hash": "jyPC3YeXgIa", "uri": "/contracts/jyPC3YeXgIa#gnma-security", "label": "Custodial Agreement (American Home Mortgage Investment Corp)", "score": 18.0, "published": true}], 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Servicer has no obligation to Purchase Mortgage Loans unless such Mortgage Loans are eligible for inclusion in a <strong>GNMA Security</strong>, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Mac Security or a \u2587\u2587\u2587\u2587\u2587\u2587 Mae Security; provided, however, that a Mortgage Loan shall not be considered ineligible for inclusion in a <strong>GNMA Security</strong> as a result of any failure by the Servicer to take such actions as are necessary to obtain GNMA Commitments pursuant to Section 3.01 of the Servicing Agreement.", "The Company may, from time to time, deliver a request to the Collateral Agent (or an Affiliate of the Collateral Agent) acting in its capacity as pool custodian, for the initial certification of Pledged Mortgages for purposes of creating a pool of Mortgage Loans to support the issuance of a FHLMC, FNMA or <strong>GNMA Security</strong>.", "Sellers, subject to the terms hereof, will cause (a) Mortgage Loans evidenced by a Participation Certificate to back a <strong>GNMA Security</strong> issued by Sellers and guaranteed by GNMA, a FNMA Security issued and guaranteed by FNMA or a FHLMC Security issued and guaranteed by FHLMC and (b) Delivery of such <strong>GNMA Security</strong>, FNMA Security or FHLMC Security by GNMA, FNMA or FHLMC to Participant or its designee, which <strong>GNMA Security</strong>, FNMA Security or FHLMC Security will be purchased by a Takeout Investor.", "Seller, subject to the terms hereof, will cause (a) Mortgage Loans evidenced by a Participation Certificate to back a <strong>GNMA Security</strong> issued by Seller and guaranteed by GNMA, a FNMA Security issued and guaranteed by FNMA or a FHLMC Security issued and guaranteed by FHLMC and (b) Delivery of such <strong>GNMA Security</strong>, FNMA Security or FHLMC Security by GNMA, FNMA or FHLMC to Participant or its designee, which <strong>GNMA Security</strong>, FNMA Security or FHLMC Security will be purchased by a Takeout Investor.", "The Servicer has no obligation to Purchase Mortgage Loans unless such Mortgage Loans are eligible for inclusion in a <strong>GNMA Security</strong>, Freddie Mac Security or a \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Security; provided, however, that a Mortgage Loan shall not be considered ineligible for inclusion in a <strong>GNMA Security</strong> as a result of any failure by the Servicer to take such actions as are necessary to obtain GNMA Commitments pursuant to Section 3.01 of the Servicing Agreement.", "The Servicer has no obligation to Purchase Mortgage Loans unless such Mortgage Loans are eligible for inclusion in a <strong>GNMA Security</strong>, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Security or a \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 Security; provided, however, that a Mortgage Loan shall not be considered ineligible for inclusion in a <strong>GNMA Security</strong> as a result of any failure by the Servicer to take such actions as are necessary to obtain GNMA Commitments pursuant to Section 3.01 of the Servicing Agreement.", "If any default occurs in the making of any payment or performance under any Eligible Investment or <strong>GNMA Security</strong>, Fa\u2587\u2587\u2587\u2587 \u2587a\u2587 \u2587ay, and upon the request and at the expense of the Subsidiary shall, take such action as may be appropriate to enforce such payment or performance.", "Seller, subject to the terms hereof, will cause (a) Mortgage Loans evidenced by a Participation Certificate to back a <strong>GNMA Security</strong> issued by Seller and guaranteed by GNMA, a FNMA Security issued and guaranteed by FNMA or a FHLMC Security issued and guaranteed by FHLMC and (b) Delivery of such <strong>GNMA Security</strong>, FNMA Security or FHLMC Security by GNMA, FNMA or FHLMC to Purchaser or its designee, which <strong>GNMA Security</strong>, FNMA Security or FHLMC Security will be purchased by a Takeout Investor."], "related": [["of-a-security", "of a Security", "of a Security"], ["asset-backed-security", "asset-backed security", "asset-backed security"], ["lcr-security", "LCR Security", "LCR Security"], ["quasi-security", "Quasi-Security", "Quasi-Security"], ["data-security-requirements", "Data Security Requirements", "Data Security Requirements"]], "related_snippets": [], "updated": "2026-03-14T06:33:37+00:00"}, "json": true, "cursor": ""}}