Third-party Person PersonLegal person, including an individual, estate, trust, corporation, partnership, limited liability company, financial institution, joint venture, association, or other organization or entity (whether governmental or private). who arranges

• Mortgage Loan Mortgage 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. Test Notes-SV Test Again Sub-bullet test1 Sub-bullet test2 financing on the Borrower’s Borrower’sPerson who is the obligor per the Note. behalf, or
• Transfers/Assumptions Transfers/AssumptionsTransaction changing the ownership of the Borrower or Property. on behalf of the
  • new Borrower BorrowerPerson who is the obligor per the Note. for an assumption, or
  • transferee for a transfer.