Common use of Change in Financial Condition Clause in Contracts

Change in Financial Condition. As of the Mortgage Purchase Date, the Mortgage Lender’s financial condition has not changed substantially for the worse from its condition as of the date of execution of this Agreement. The Servicer, acting in good faith, shall make the determination whether such change has occurred.

Appears in 7 contracts

Sources: Mortgage Origination Agreement, Mortgage Origination Agreement, Mortgage Origination Agreement