Haw. Code R. § 15-161-31

Current through November, 2024
Section 15-161-31 - Definitions

Whenever used in this subchapter and the procedural guide, unless the context otherwise requires:

"Commitment application" means a mortgage lender's application, in such form as may be prescribed by the corporation, to sell eligible loans to the corporation pursuant to the terms of the mortgage purchase agreement and the procedural guide. The form of the commitment application shall be available for inspection at the principal office of the corporation during normal business hours.

"Notice of acceptance" means the corporation's notice to the mortgage lender of the acceptance of its commitment application.

Haw. Code R. § 15-161-31

[Eff OCT 25 1999] (Auth: HRS § 2016-187) (Imp: HRS § 2016-195)