Common use of Notification to Borrower Clause in Contracts

Notification to Borrower. Licensee expressly understands and agrees that it bears sole responsibility for any disclosure and other obligations arising under federal and/or state statutes and regulations relating to Mortgage Loan Applications and that such obligations shall in no event be considered imposed upon or shared by ▇▇▇▇▇▇ ▇▇▇ by virtue of Licensee's use of the Licensed Application.

Notification to Borrower. Licensee expressly understands and agrees that it bears sole responsibility for any disclosure and other obligations arising under federal and/or state statutes and regulations relating to Mortgage Loan Applications and that such obligations shall in no event be considered imposed upon or shared by ▇▇▇▇▇▇ ▇▇▇ Mae by virtue of Licensee's use of the Licensed Application.