A. It is understood that, regardless of any other provisions of this RFP by participating in the Residential Mortgage Revenue Bond Program, Participating Lenders are not automatically correspondents with Servicer, and are required to execute lender agreements with the Servicer. B. The servicing agreement is exclusively for purchasing, pooling, selling, and servicing of Mortgage Loans. Servicer shall not market its banking products to OHFA’s customers. C. Servicer shall purchase, pool, sell and service loans for purchase from any Participating Lender. D. Servicer will accept loans via Fannie Mae Desktop Underwriting® (DU) and Fannie Mae Desktop Originator® (DO). Servicer will accept loans via Freddie Mac Loan Product Advisor (LPA) and other automated underwriting systems as agreed to by OHFA on a case-by-case basis. Servicer will accept Mortgage Loans manually underwritten to VA, FHA, or USDA-RD, and GNMA/Fannie Mae and Freddie Mac Guidelines.
