Underwriting Standards definition
Examples of Underwriting Standards in a sentence
The Mortgage Loan complies with all the terms, conditions and requirements of the Company’s Underwriting Standards in effect at the time of origination of such Mortgage Loan.
As of the date of origination, no portion of the Mortgaged Property was used for commercial purposes, and, since the date of origination no portion of the Mortgaged Property has been used for commercial purposes, except as permitted under the Underwriting Standards.
To the best of MLCC's knowledge, each Mortgage Loan was underwritten generally in accordance with the Underwriting Standards as in effect at the time of origination.
Each Party acknowledges that it has received and reviewed copies of the Underwriting Standards.
The Mortgage Loan complies with all the terms, conditions and requirements of the Originator's Underwriting Standards in effect at the time of origination of such Mortgage Loan, subject to exceptions thereto made in the ordinary course of business.