Current through Register 1536, December 6, 2024
Section 21.65 - Loan Participation SubmissionsFor each Loan Participation offered for sale, the Seller shall deliver to MHMFA:
(a) an original executed Loan Participation Certificate;(b) a photocopy of the mortgage note clearly in dictating the MHMFA Loan Participation as follows: A 90% participation interest in this Note and the Mortgage securing this Note has been sold to the Massachusetts Home Mortgage Finance Agency and pledged by the Massachusetts Home Mortgage Finance Agency to New England Merchants National Bank, as Trustee;(c) Borrower/Seller Questionnaires;(d) an original of the acceptance by Tiger's Investors Mortgage Insurance Company of the Mortgage Loan for insurance in the Mortgage Pool Insurance Policy for MHMFA;(e) originals or copies of such other documents from the Loan File as MHMFA may reasonably require.