Lender must enter all SFC(s) required by the Selling Guide, in addition to any additional SFC(s) specified in this Master Agreement.
Lender represents and warrants that Mortgages delivered pursuant to a Variance, Special Requirement or nonstandard MBS Contract term contained in this Master AgreementĬomply with all provisions of the applicable Variance, Special Requirement or nonstandard MBS Contract term. The following Uniform provisions and defined terms/acronyms apply to all sections of the Master Agreement. Confidential treatment has been requested Certain information has been omitted and filed separately with the Securities and Exchange Commission. If Lender has checked this section, then Lender agrees to the representationsĪnd warranties described in the Master Agreement Terms and Conditions section of the Selling Guide. It is a federally-insured institution or an affiliate or subsidiary of a federally-insured institution. It is not a federally-insured institution or an affiliate or subsidiary of a federally-insured institution. Lender hereby confirms, by checking the appropriate section below, that: Lender or (ii) the effective date specified on Exhibit 1 hereto. Whose joinder is required under the terms of this Master Agreement sign (including a facsimile signature) The effective date of this Master Agreement is the later of (i) the date Fannie Mae receives the fully executed Master Agreement from This Master Agreement must be executed by Lender, Fannie Mae, and any person, firm, or entity This Master Agreement may be executed in one or more counterparts and all such counterparts shall be deemed to be one and the same document.
Lender agrees to sell to Fannie Mae, beginning on the Effective Date of Delivery Term and ending on the Expiration Date of Delivery Term (as those terms are defined in Exhibit 1), Mortgages with anĪggregate outstanding principal balance equal to the Agreed Amount (as defined in Exhibit 1).įor whole loan deliveries, any loan-level priceĪdjustments (LLPAs) that are referenced in this Master Agreement, will be available no later than 30 days after Fannie Mae receives the executed Master Agreement from Lender.įannie Mae must receive the fully executed Master Agreement within ten business days of Lenders receipt of this Master Agreement, or Fannie Mae may, at its option, declare this Master Agreement nullĪnd void. Standard) or under Fannie Maes MBS program. This Master Agreement, Lender and Fannie Mae must enter into the appropriate whole loan commitments or MBS Contracts, depending on whether Lender will be delivering Mortgages under one of Fannie Maes whole loan purchase programs (Negotiated or The execution of this Master Agreement requires compliance with all provisions and sections of this Master Agreement, including all MBSĬontracts, whole loan commitments, exhibits and attachments to this Master Agreement.Īs a condition to Lenders sale of Mortgages under The general terms and conditions of the Master Agreement and MBS Contracts and related terms and instructions.
Additionally, the Master Agreement Terms and Conditions section of Fannie Maes Selling Guide (the Selling Guide), which is incorporated into this Agreement by this reference, outlines in more detail This Master Agreement includes all of the terms and conditions described in all of the exhibits, attachments, commitments and MBS Pool Purchase Contracts (MBS Contracts) attached or entered into as a part of this This Master Agreement between Fannie Mae and HomeStreet Bank (the Lender) governs the sale by Lender, and the purchase by Fannie Mae, of eligible residential mortgage loans (the Separately filed with the Securities and Exchange Commission. A complete copy of this agreement has been Indicates confidential material that has been omitted pursuant to a Confidential Treatment Request filed with the Securities and Exchange Commission. Master Agreement ML 02783 between HomeStreet Bank and Fannie Mae
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