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With respect to each loan and Mortgage Loan Package, the Lock Confirmation Letter provides for the sale by Client and the purchase by PHH of the Mortgage Loan Package on the related Closing Date.

With respect to each loan and Mortgage Loan Package, the Lock Confirmation Letter provides for the sale by Client and the purchase by PHH of the Mortgage Loan Package on the related Closing Date.

A loan that has been registered for a guaranteed rate and purchase price if delivered to PHH within a stipulated period of time, and for which a price confirmation has been issued by PHH. A locked loan becomes a Mandatory Commitment when it is...

A loan that has been registered for a guaranteed rate and purchase price if delivered to PHH within a stipulated period of time, and for which a price confirmation has been issued by PHH. A locked loan becomes a Mandatory Commitment when it is...

A commitment requiring Client to unconditionally sell a loan to PHH as set forth in such Mandatory Commitment. Notwithstanding the foregoing, any duty or obligation on the part of PHH to purchase a loan under a Mandatory Commitment shall be...

A commitment requiring Client to unconditionally sell a loan to PHH as set forth in such Mandatory Commitment. Notwithstanding the foregoing, any duty or obligation on the part of PHH to purchase a loan under a Mandatory Commitment shall be...

The contractually responsible servicer of a mortgage or pool of mortgages that is included in a subservicing arrangement.

The contractually responsible servicer of a mortgage or pool of mortgages that is included in a subservicing arrangement.

A MERS system which is used by MERS eRegistry members to deliver documents and data from one member to another.

A MERS system which is used by MERS eRegistry members to deliver documents and data from one member to another.