Underwriting Guidelines definition

Underwriting Guidelines. The underwriting guidelines of the Seller, a copy of which is attached as an exhibit to the related Assignment and Conveyance.

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Underwriting Guidelines. The underwriting guidelines attached to the Purchase Agreement.

Underwriting Guidelines. The Company's underwriting guidelines attached hereto as Exhibit G.

Examples of Underwriting Guidelines in a sentence

• If required by the Flood Disaster Protection Act of 1973, as amended, the related Mortgaged Property is covered by a flood insurance policy meeting the applicable requirements of the current guidelines of the Federal Insurance Administration as in effect which policy conforms to the applicable Agency, FHA, VA, RHS or HUD guidelines or Seller’s Underwriting Guidelines.

• Pursuant to the terms of the Mortgage, all buildings or other improvements upon the Mortgaged Property (other than Mortgaged Property subject to a Second Lien Loan) are insured by a generally acceptable insurer against loss by fire, hazards covered by extended coverage insurance and such other hazards as are provided for in the applicable Agency, FHA, VA, RHS or HUD guidelines, as well as all additional requirements set forth in the Agency Guidelines or Seller’s Underwriting Guidelines.

• With respect to Mortgaged Property subject to a Second Lien Loan, on the origination date such Mortgaged Property was covered by a generally acceptable insurer against loss by fire, hazards covered by extended coverage insurance and such other hazards as are provided for in the applicable Agency, FHA, VA, RHS or HUD guidelines, as well as all additional requirements set forth in the Agency Guidelines or Seller’s Underwriting Guidelines.

• The Loan was underwritten in accordance with the applicable Agency Guidelines or Underwriting Guidelines.

• The Loan-to-Value Ratio for each Jumbo Loan and each Second Lien Loan is within the limits set forth in the Underwriting Guidelines, in effect at the time of origination of such Jumbo Loan or Second Lien Loan.

More Definitions of Underwriting Guidelines

Underwriting Guidelines means the standards, procedures and guidelines of the Seller for underwriting and acquiring Mortgage Loans, which are set forth in the written policies and procedures of the Seller, as in effect from time to time, a copy of which shall have been provided to Buyer as required hereunder and such other guidelines as are identified and approved in writing by Buyer.

Underwriting Guidelines. As to each Mortgage Loan Package, the written underwriting guidelines in effect as of the origination date of such Mortgage Loans, mutually agreed upon by the Seller and Purchaser, and delivered by the Seller to the Purchaser, as may be revised and modified, from time to time, by mutual agreement of the Purchaser and the Seller to reflect changes to the Underwriting Guidelines.

Underwriting Guidelines. The underwriting guidelines of Bank of America. Upper-Tier Certificate: Any one of the Senior Certificates (other than the Class 1-A-LR Certificate) and the Class B Certificates.

Underwriting Guidelines. The underwriting guidelines of the applicable Originator, as identified or specified in the related Purchase Agreement, if applicable.

Underwriting Guidelines. The underwriting guidelines of Bank of America.

Underwriting Guidelines. The underwriting guidelines of the Originator, a copy of which is attached hereto as Exhibit G and a then-current copy of which shall be attached as an exhibit to the related Assignment and Conveyance.

Underwriting Guidelines. The underwriting guidelines set forth in the Prospectus Supplement under the heading “Description of the Mortgage Pool—Underwriting Standards for Mortgage Loans”.