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15.57 Fraudulent Document

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

15.58 Freddie Mac

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

15.59 Freddie Mac eMortgage Guide
The current version of Freddie Mac eMortgage Guide, as amended, modified, supplemented or replaced from time to time, together with any other written policies, procedures and other requirements of Freddie Mac in effect from time to time with respect...

Resources > FAQ > CHAPTER-15-GLOSSARY > 15-56-Freddie-Mac-eMortgage-Guide

15.60 Funding

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

15.61 Funding Date

The date PHH sets up the loan for funding to the Client.

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-44-Ginnie-Mae