761 CMR 21.17
Mortgage Loan not in Default
For each Mortgage Loan, as of the Purchase Date, principal and interest payments must not be
delinquent. All costs, fees and expenses incurred in making, closing, and recording the Mortgage Loan
must have been paid; and there must not be outstanding anyadvance offunds bySeller or by another
at the request of Seller to be used by Borrower for the payment or any monthly installment of principal
or interest under the terms of the Mortgage Loan.