Lending Standards definition

Lending Standards means the MCG Finance Corporation Lending Standards dated as of June 24, 1998, as revised from time to time in accordance with subsection 3.15.
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Lending Standards means the mortgage loan origination standards established and applied by Seller regarding the eligibility of mortgage loans for origination and purchase by Seller, including exceptions to the ordinarily applicable standards if such exceptions were properly approved by persons with authority to do so under such standards, as they may be amended or supplemented from time to time.
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Examples of Lending Standards in a sentence

  • Barclays Bank UK PLC adheres to The Standards of Lending Practice which is monitored and enforced by The Lending Standards Board.

  • An intensive approach to supervision is maintained in the UK by the PRA, the Lending Standards Board ("LSB"), the FCA, the Payment Systems Regulator ("PSR") and the Competition and Markets Authority ("CMA").

  • Web address: www.financial- ▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇ We also subscribe to the Standards of Lending Practice which is monitored and independently enforced by the Lending Standards Board.

  • The proceeds of the Mortgage Loan have been fully disbursed and there is no requirement for future advances thereunder and the improvements on the Mortgaged Property have been fully completed, except that any minor improvements or repairs that do not affect livability may be incomplete in the case where an escrow account has been established in accordance with the Lending Standards in an amount sufficient to guarantee completion of the repairs or improvements.

  • Without limiting Section 2.3, Agent may from time to time conduct audits of the methodology for determining Ratings, the manner in which Ratings have been assigned to loans and investments in the Media Portfolio and compliance of loans and instruments in the Media Portfolio with the Documentation Manual, the Credit Policy and the Lending Standards.

  • The Borrower shall not amend the Servicing and ----------------------- Management Agreement, The Credit Policy, the Custodial Agreement or the Lending Standards without the prior written consent of Requisite Lenders.

  • Each Mortgage Loan File shall contain each item ------------------ required to be included therein as required by the Lending Standards.

  • E-mail: ▇▇▇▇@▇▇▇.▇▇▇.▇▇ We also subscribe to the Lending Code which is monitored and enforced by the Lending Standards Board.

Related to Lending Standards

  • auditing standards means auditing standards as defined in National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards;

  • Servicing Standards As defined in Section 3.01(a).

  • Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

  • PCI Standards means the applicable Data Security Standards published by the PCI Security Standards Council.

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.