Ginnie Mae Re-Performing Mortgage Loan
Ginnie Mae Re-Performing Mortgage Loan. Shall mean a FHA Loan, VA Loan or RD Loan (a) that previously was ninety (90) days or more delinquent; (b) that is not a Delinquent Mortgage Loan on or after the related Purchase Date; (c) whereby all past due payments are paid in full on and after the related Purchase Date; (d) that is not a Wet Loan; (e) that conforms to the requirements for Ginnie Mae securitization and (f) that is otherwise acceptable to Buyer in its sole discretion.
All Definitions
Found in
Caliber Home Loans, Inc. contract