761 CMR, § 21.17

Current through Register 1531, September 27, 2024
Section 21.17 - Mortgage Loan not in Default

For each Mortgage Loan, as of the Purchase Date, principal and interest payments must not be delinquent. All costs, fees and expenses incurred in making, closing, and recording the Mortgage Loan must have been paid; and there must not be outstanding any advance of funds by Seller or by another at the request of Seller to be used by Borrower for the payment or any monthly installment of principal or interest under the terms of the Mortgage Loan.

761 CMR, § 21.17