AX 10-KAug 20 '26
“During the last three fiscal years we have sold approximately $337.5 million of residential mortgage loans to Fannie Mae and Freddie Mac and into mortgage-backed securities ("MBS") guaranteed by Ginnie Mae.”
PROV 10-KSep 2 '26
“Generally, mortgage loans sold to Fannie Mae and Freddie Mac were sold on a non-recourse basis and foreclosure losses are generally the responsibility of the purchaser and not the Bank, except in the case of Federal Housing Administration ("FHA") and Veterans' Administration ("VA") loans used to form Government National Mortgage Association pools, which are subject to limitations on the FHA's and VA's loan guarantees.”
AX 10-KAug 20 '26
“During the last three fiscal years we have sold approximately $337.5 million of residential mortgage loans to Fannie Mae and Freddie Mac and into mortgage-backed securities ("MBS") guaranteed by Ginnie Mae.”
PROV 10-KSep 2 '26
“Generally, mortgage loans sold to Fannie Mae and Freddie Mac were sold on a non-recourse basis and foreclosure losses are generally the responsibility of the purchaser and not the Bank, except in the case of Federal Housing Administration ("FHA") and Veterans' Administration ("VA") loans used to form Government National Mortgage Association pools, which are subject to limitations on the FHA's and VA's loan guarantees.”