Any Loan File document which, in the reasonable judgment of PHH, is falsified, defective, misleading, or inaccurate in any material respect.
Resources > FAQ > CHAPTER-15-GLOSSARY > 14-41-Funding
Federal Home Loan Mortgage Corporation, a congressionally chartered corporation that purchases Loans on the secondary mortgage market.
Resources > FAQ > CHAPTER-15-GLOSSARY > 14-42-Funding-Date
Resources > FAQ > CHAPTER-15-GLOSSARY > 15-56-Freddie-Mac-eMortgage-Guide
The payment by PHH to the Client or its designee of the purchase price of a loan on the related funding date.
Resources > FAQ > CHAPTER-15-GLOSSARY > 14-43-Fraud
The date PHH sets up the loan for funding to the Client.
Resources > FAQ > CHAPTER-15-GLOSSARY > 14-44-Ginnie-Mae