Achievement Agreement
Agreement requiring the BorrowerBorrowerPerson who is the obligor per the Note. to provide a letter of credit, cash, or guaranty as additional collateral to support the Mortgage LoanMortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or a mortgage debt obligation with a Fannie Mae credit enhancement. amount and specifying the terms for releasing the collateral.
Synonyms
Achievement Agreements