Nondelegated definition

Nondelegated is an adjective that, when used to modify a type of Mortgage Loan, means that authority to underwrite, process and approve such Mortgage Loan type has not been delegated to Seller by an Agency or other related Approved Takeout Investor.
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Examples of Nondelegated in a sentence

  • Underwriting Authority • Delegated underwriting only • Non-delegated underwriting not permitted FICO Requirements • All borrowers must have a 640 minimum credit score subject to an AUS approval • If any of the borrowers do not have a usable credit score, the loan is NOT eligible.

  • Underwriting Authority • Delegated underwriting only o Non-delegated underwriting not permitted FICO Requirements • All borrowers must have a 640 minimum credit score subject to an AUS approval • If any of the borrowers do not have a usable credit score, the loan is NOT eligible.

  • Industrial Users Tributary to Non-delegated POTWs ▪ Inspections will be continued with a goal of completing inspections at 20 percent of facilities during FFY2005.

  • Industrial Users Tributary to Non-delegated POTWs ▪ Inspections will be continued with a goal of completing inspections at 20 percent of facilities during FFY2006.

  • The Settling Parties shall jointly file a motion to approve this Settlement Agreement with the Department and shall use all reasonable means to ensure that the Settlement Agreement is approved by the Nondelegated Commissioners in the form of a Consent Order.

  • This Settlement Agreement is conditioned on its approval in full by the Department’s Nondelegated Commissioners.

  • Non-delegated duties include course content and the delivery of the instructional program; selection and approval of faculty; admission, registration, and retention of students, calculation of prior learning; evaluation of student progress and the awarding and recording of credit.

  • This Settlement Agreement shall be effective upon approval by the Department’s Nondelegated Commissioners regardless of any pending appeals or motions.

Related to Nondelegated

  • Delegate means any delegate, agent, attorney or co-trustee appointed by the Security Trustee.

  • Delegates means those persons elected or appointed to vote in a representative assembly for the election of a director or directors or on other matters.

  • Union Delegate means an Employee elected by Union members and endorsed by the Union to represent the interests of Union members. All parties to this Agreement shall be notified as soon as practicable after the election of a Union Delegate. Union or CFMEU means The Construction, Forestry and Maritime Employees Union (Queensland Northern Territory Construction and General Divisional Branch).

  • Delegatee means with respect to an eNote, the party designated in the MERS eRegistry as the “Delegatee” or “Delegatee for Transfers”, who in such capacity is authorized by the Controller to perform certain MERS eRegistry transactions on behalf of the Controller such as Transfers of Control and Transfers of Control and Location.

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;