Conflicts of Interest; Seller or Servicer's Access to Privileged Information Concerning Borrower's Accounts

Through normal origination and servicing activities, including the servicing of delinquencies, Seller and Servicer sometimes obtain privileged information concerning the Borrower and/or mortgaged properties. Such privileged informationshallnot be used by Seller or Servicer or by its officers, employees, agents or affiliates in any way which can be construed to represent a conflict of interest or an unfair advantage to the user. All such information shall be used in a manner consistent with any applicable laws or regulations regarding disclosure of credit information. Seller or Servicershallnot acquire, nor permit, to its knowledge, its officers, employees, agents or affiliates to acquire any property which secures a Mortgage Loan in which MHMFA owns a Loan Participation, unless MHMFA has informed Seller or Servicer in writing that it does not object to such acquisition.