Seller Guide definition
Examples of Seller Guide in a sentence
Seasoning See Lakeview Loan Servicing Seller Guide Escrow Waivers Escrow accounts for property taxes, homeowner’s insurance and flood insurance (if applicable) are required on all loans.
Non-Arm’s Length Transactions Per ▇▇▇▇▇▇ ▇▇▇ Selling Guide or Freddie Mac Seller Guide as applicable Credit AUS • ▇▇▇▇▇▇ ▇▇▇ DU Approve/Eligible or Freddie Mac Loan Prospect Advisor (LPA) Accept/Eligible is required.
Lakeview will continue to accept POAs in accordance with Lakeview Loan Servicing Seller Guide and ▇▇▇▇▇▇ ▇▇▇ standard guidelines.
With respect to a Mortgage Loan for which a CL Commitment has been issued under the CL Program, in addition to each of the representations and warranties set forth in Annex 2, Seller makes each of the additional Seller representations and warranties about the Mortgage Loan contained in the Seller Guide, which are hereby incorporated by this reference.
To qualify as Eligible Persons and Families, such persons and families must have an aggregate Annual Family Income that does not exceed the applicable amounts specified in the Program Manual and the Seller Guide.
The Mortgage Loan Documents for the related Mortgage Loans have been or will be delivered to the Custodian in compliance with this Agreement and the Seller Guide.
Seller represents and warrants as of the Effective Date and as of each Acquisition Date as follows: Seller meets all of the eligibility requirements set forth in the Seller Guide for participation in the CL Program and is currently approved by CL to participate in the CL Program.
In the event of a conflict between this Agreement and the Marketplace Seller Guide, this Agreement prevails.
On and after the Repurchase Date, CL shall have all rights, privileges and remedies with respect to a Mortgage Loan purchased under the Agreement as it has for Mortgage Loans purchased directly from Seller under the CL Program, including the post-sale remedies described in Chapter 600 of the Seller Guide, and CL shall manage the ownership and servicing of Mortgage Loans purchased under the Agreement as it does all Mortgage Loans purchased directly by it in the first instance under the CL Program.
The Mortgage Loan and all documents related thereto comply, in all material respects, to all applicable terms, conditions and requirements set forth in the Seller Guide, whether or not the Takeout Investor will be CL.