Common use of Failure to Comply with Eligibility Standards Clause in Contracts

Failure to Comply with Eligibility Standards. It is a breach of this Master Agreement if the Seller fails at any time to meet FHLBI standards for eligible Mortgage Sellers or Servicers so that, in FHLBI’s sole opinion, the Seller's ability to comply with FHLBI Guidelines, this Master Agreement, any other Program Documents, or the Guide is adversely affected.

Appears in 2 contracts

Sources: Mortgage Selling and Servicing Master Agreement, Mortgage Selling and Servicing Master Agreement