Mortgage Purchase Agreement definition

Mortgage Purchase Agreement means a written agreement between a Mortgage Lender and the Authority providing for the purchase of a Mortgage Loan by the Authority, including any related invitations to Lenders and commitment agreements, and any documents incorporated by reference therein.

Mortgage Purchase Agreement means an agreement between MaineHousing and a Lender whereby MaineHousing agrees to purchase Mortgage Loans from the Lender in such form as may be prescribed by MaineHousing from time to time.

Mortgage Purchase Agreement. The mortgage loan purchase agreement dated as of March 1, 2006 pursuant to which the Seller purchased the Mortgage Loans from Xxxxxx, Xxxx & Xxxxxxxx Mortgage Corp.

Examples of Mortgage Purchase Agreement in a sentence

• The payment made by the Participating Lender of an amount established in an Application as consideration for the Agency's agreement, by acceptance of the Application of the Participating Lender, to purchase Mortgage Loans from the Participating Lender under this Mortgage Purchase Agreement.

• The sale of each Mortgage Loan to Utah Housing shall be evidenced and governed by a Mortgage Purchase Agreement as provided in the Selling Supplement and by all other Participation Documents.

• Utah Housing represents and warrants that the issuance of each Mortgage Purchase Agreement has been duly authorized and is, in all respects, in compliance with the Act, Utah Housing’s By- Laws and Rules, the Participation Documents and, if applicable, the General Resolution.

• All of the Lender's representations, warranties, covenants and agreements contained in the Participation Documents shall remain operative and in full force and effect, regardless of: (a) any investigation made by or on behalf of Utah Housing; (b) delivery of any payment with respect to the Mortgage Loans delivered pursuant to the Participation Documents; and (c) any expiration or termination by Utah Housing of the Mortgage Purchase Agreement.

• The Division and the Participating Lending Institution (hereafter the “Servicer”) have entered into a Mortgage Purchase Agreement whereby the Servicer agreed to transfer all of its right, title and interest in the Mortgage Loan described in the Mortgage Purchase Agreement to the Division.

More Definitions of Mortgage Purchase Agreement

Mortgage Purchase Agreement means the written agreement entered into between the participating lending institution and the division, including any documents incorporated by reference therein, whereby the division agrees to purchase from the participating lending institution all the right, title and interest of the participating lending institution in the mortgage loan referenced in such mortgage purchase agreement.

Mortgage Purchase Agreement means a mortgage purchase agreement between the Corporation and a Mortgage Lender by which the Mortgage Lender agrees to originate, sell, transfer and assign Qualified Mortgages to the Corporation from time to time upon certain terms and conditions.

Mortgage Purchase Agreement. The Seller’s Purchase, Warranties and Servicing Agreement dated as of February 1, 2007 pursuant to which the Seller purchased the Mortgage Loans from Txxxxx, Bean & Wxxxxxxx Mortgage Corp.

Mortgage Purchase Agreement. The flow mortgage loan purchase warranties and servicing agreement dated as of June 1, 2006 pursuant to which the Bank purchased the Mortgage Loans from Xxxxxx, Xxxx & Xxxxxxxx Mortgage Corp.

Mortgage Purchase Agreement means the Mortgage Purchase Agreement dated as of September 30, 2008, among the Company and the Manager pursuant to which the Company had the right, but not the obligation, to require the Manager to purchase certain mortgage loans from the Company from time to time, subject to and in accordance with the terms of the Mortgage Purchase Agreement.

Mortgage Purchase Agreement means, with respect to a Mortgage Loan, the Compliance Agreement under the respective MFA Program for such Mortgage Loan between MFA or its Master Servicer and a Mortgage Lender which incorperates by reference the Notice of Availability of Funds for the respective MFA program and Reservation Procedures.

Mortgage Purchase Agreement means a written agreement between a Participating Lending Institution and the Division providing for the purchase of Mortgage Loans by the Division, including any related supplements and any documents incorporated by reference therein.