FAQ Search Results

A Client approved as delegated and responsible to ensure each Loan meets the eligibility and underwriting guidelines as outlined in this Guide.

A Client approved as delegated and responsible to ensure each Loan meets the eligibility and underwriting guidelines as outlined in this Guide.

Fannie Mae’s automated underwriting system, including any successor system.

Fannie Mae’s automated underwriting system, including any successor system.

The failure by the mortgagor to make any of the four payments next due after the purchase date and such payments remain unpaid for 90 days.

The failure by the mortgagor to make any of the four payments next due after the purchase date and such payments remain unpaid for 90 days.

When a loan purchased by PHH is paid in full within 180 days of the purchase date.

When a loan purchased by PHH is paid in full within 180 days of the purchase date.