Compliance with Laws And Guidelines
I represent and warrant to COMPANY NAME that my performance of services shall comply with all applicable federal, state or local Laws, Rules, Regulations or Ordinances and, without limitation, shall not violate any laws and regulations governing Fair Lending, including without limitation the Fair Housing Act, the Equal Credit Opportunity Act, the Home Mortgage Disclosure Act, the Community Reinvestment Act and all implementing regulations as well as all other applicable federal, state and local laws, rules and regulations governing Fair Lending.
I represent and warrant that services performed shall observe and comply with all specific state and local laws, rules, regulations, ordinances and guidelines, including but not limited to those concerning: utility shutoff and connection; water meters; removal and storage of motor vehicles or watercraft; vacant, occupied or abandoned property, and; eviction and storage of personal property.
I understand and acknowledge that it is my responsibility to conform with and that I shall always comply with all Conventional (CV, FNMA, FHLMC), FHA, VA, HUD, and REO Guidelines, as well as COMPANY NAME policies and guidelines, local ordinances and codes. I understand and acknowledge that my failure to do so may result in damages to COMPANY NAME and/or its clients and that I shall be liable and responsible for said damages. I understand and acknowledge that I may, at COMPANY NAME’s sole discretion, be required to reimburse all costs directly or indirectly incurred by COMPANY NAME as a consequence of any damages sustained by COMPANY NAME and any other parties.