General Scope of Duties. The DPA shall perform the Required Work and such other related tasks as agreed to by the Director and the DPA with respect to the Portfolio. The DPA may subcontract its technical processing duties under the Agreement pursuant to Article 6 below but may not delegate to any other entity the underwriting duties under the Agreement without the prior written approval of the Director. Under all such circumstances, the DPA retains the responsibility for the performance of its duties. The DPA’s duties are more fully described in Operating Procedures Guide.
Appears in 2 contracts
Sources: Delegated Processing Agreement, Delegated Processing Agreement
General Scope of Duties. The DPA shall perform the Required Work and such other related tasks as agreed to by the Director HUD and the DPA with respect to the Portfolio. The DPA may subcontract its technical processing duties under the Agreement pursuant to Article 6 below but may not delegate to any other entity the underwriting duties under the Agreement without the prior written approval of the DirectorHUD. Under all such circumstances, the DPA retains the responsibility for the performance of its duties. The DPA’s duties are more fully described in Operating Procedures GuideAuthorities and Guidance.
Appears in 1 contract
Sources: Delegated Processing Agreement