Specifications include, but are not limited to: The Master Servicer will enter into Mortgage Servicing Master Agreement and related supplemental agreements in relation to DSHA’s Home Ownership Loan Program. The Master Servicer will be expected to purchase loans from lenders approved by and participating in DSHA’s Home Ownership Loan Program on a timely basis determined by DSHA. The Master Servicer will be expected to create, deliver and complete the issuance of Mortgage Backed Securities (MBS), the Master Servicer will be required to issue or cause the issuance of GNMA and Fannie Mae MBS, and Freddie Mac PC’s. The Master Servicer will be required to discuss its performance at least once annually as requested by DSHA. The Master Servicer will be required to respond to questions and requests within 24 hours or one business day.
