Common use of Mortgagor Selection Clause in Contracts

Mortgagor Selection. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Seller which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's origination, such Mortgagor did not qualify taking into account credit history and ▇▇▇▇-▇▇-▇ncome ratios for a lower-cost credit product then offered by the Seller or any Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place, the Seller referred the related Mortgagor's application to such Affiliate for underwriting consideration. This representation and warranty is a Deemed Material and Adverse Representation;

Mortgagor Selection. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Seller which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's origination, such Mortgagor did not qualify taking into account credit history and debt-t▇-▇▇▇▇-▇▇-▇ncome ▇ ratios for a lower-cost credit product then offered by the Seller or any Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place, the Seller referred the related Mortgagor's application to such Affiliate for underwriting consideration. This representation and warranty is a Deemed Material and Adverse Representation;

Mortgagor Selection. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Seller which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's origination, such Mortgagor did not qualify taking into account credit history and ▇▇▇▇debt-▇▇to-▇ncome income ratios for a lower-cost credit product then offered by the Seller or any Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place, the Seller referred the related Mortgagor's application to such Affiliate for underwriting consideration. This representation and warranty is a Deemed Material and Adverse Representation;

Mortgagor Selection. No Mortgagor was encouraged ▇▇▇ ▇ncouraged or required to select a Mortgage Loan product offered by the Seller which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's origination, such Mortgagor did not qualify taking into account credit history and ▇▇▇▇debt-▇▇to-▇ncome income ratios for a lower-cost credit product then offered by the Seller or any Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place, the Seller referred the related Mortgagor's application to such Affiliate for underwriting consideration. This representation and warranty is a Deemed Material and Adverse Representation;

Mortgagor Selection. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Seller which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's origination, such Mortgagor did not qualify taking into account credit history and debt-to-▇▇▇▇-▇▇ ▇-▇ncome ratios atios for a lower-cost credit product then offered by the Seller or any Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place, the Seller referred the related Mortgagor's application to such Affiliate for underwriting consideration. This representation and warranty is a Deemed Material and Adverse Representation;

Mortgagor Selection. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Seller which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's origination, such Mortgagor did not qualify taking into account credit history and ▇d▇▇▇-▇▇-▇ncome ▇come ratios for a lower-cost credit product then offered by the Seller or any Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place, the Seller referred the related Mortgagor's application to such Affiliate for underwriting consideration. This representation and warranty is a Deemed Material and Adverse Representation;

Mortgagor Selection. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Seller which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's ’s origination, such Mortgagor did not qualify taking into account credit history and ▇▇▇▇debt-▇▇to-▇ncome income ratios for a lower-cost credit product then offered by the Seller or any Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Seller with which the Seller has a referral relationship or mechanism in place, the Seller referred the related Mortgagor's ’s application to such Affiliate for underwriting consideration. This representation and warranty is a Deemed Material and Adverse Representation;