warning Coming soon – PHH Mortgage is changing its name! right arrow

Learn More >

FAQ Search Results

Explore by Topics

Found 397 Results

15.127 Regulation AB
Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the...

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-101-Rural-Development-(RD)

15.128 Remote eNotarization
eNotarization in which the notary notarizes the document remotely using real-time, two-way audio/video communication in accordance with applicable eMortgage Laws.

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-102-S-P

15.129 Representations, Warranties, and Covenants
Those binding representations, warranties, covenants, and agreements of a Client made to PHH in the program documents.

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-103-Securities-Act

15.130 Repurchase
The Client’s binding obligation to reacquire PHH's interest in a loan previously sold to PHH by the Client due to an event of default under this Guide.

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-104-Securitization-Transaction

15.131 Repurchase Price
The price to be paid by the Client to repurchase a Loan(calculated in accordance with Section 4.9.3) The amount will include base price, the Premium, all accrued interest and any reasonable expenses and/or attorney’s fees incurred by PHH. The...
READ MORE

Resources > FAQ > CHAPTER-15-GLOSSARY > 14-105-Security-Instrument