Acknowledgement of Anti-Predatory Lending Policies. Buyer has in place internal policies and procedures that expressly prohibit its purchase of any High Cost Mortgage Loan.
Acknowledgement of Anti-Predatory Lending Policies. Seller and Buyer each have in place internal policies and procedures that expressly prohibit their purchase of any high cost mortgage loan. [ONE OR MORE UNNUMBERED SIGNATURE PAGES FOLLOW]
Acknowledgement of Anti-Predatory Lending Policies. Administrative Agent has in place internal policies and procedures that expressly prohibit its purchase of any High Cost Mortgage Loan.
Acknowledgement of Anti-Predatory Lending Policies. On the Purchase Date, Purchaser has in place internal policies and procedures that expressly prohibit its purchase of any high cost Mortgage Loan as specified in Section 3.02 (rr).
Acknowledgement of Anti-Predatory Lending Policies. The Buyer has in place internal policies and procedures that expressly prohibit its purchase of any High Cost Mortgage Loan.
Acknowledgement of Anti-Predatory Lending Policies. Buyer has in place internal policies and procedures that expressly prohibit its purchase of any High Cost Mortgage Loan. [THIS SPACE INTENTIONALLY LEFT BLANK]
Acknowledgement of Anti-Predatory Lending Policies. On each Closing Date, Purchaser has in place internal policies and procedures that expressly prohibit its purchase of any Mortgage Loan which breaches Section 3.02(tt).
Acknowledgement of Anti-Predatory Lending Policies. As of the applicable Closing Date, the Purchaser has in place internal policies and procedures that expressly prohibit its purchase of any Mortgage Loan classified as (a) a “high cost” loan under the Home Ownership and Equity Protection Act of 1994 or (b) a “high cost,” “threshold,” “covered,” or “predatory” loan under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law, regulation or ordinance imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).
Acknowledgement of Anti-Predatory Lending Policies. The Existing Repurchase Agreement is hereby amended by adding after Section 35 the following Section 36:
Acknowledgement of Anti-Predatory Lending Policies. Borrower and Lender each have in place internal policies and procedures that expressly prohibit their purchase of any High Cost Mortgage Loan.
