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EXHIBIT A <br /> 2023 Term Sheet <br /> Housing Finance Corporation Volume Cap Assignment <br /> Issuer: Texas Department of Housing and Community Affairs ("TDHCA") <br /> HFC Partner: Housing Finance Corporation("HFC") <br /> Volume Cap: To be reserved by the HFC for subsequent assignment to TDHCA <br /> ("Reservation"). <br /> Assignment: TDHCA and the HFC will execute an Assignment Agreement to assign <br /> the Reservation to TDHCA. The HFC's governing body will be <br /> required to approve the Assignment. <br /> Assignment Purpose: To be used by TDHCA to originate (a) My First Texas Home Bond <br /> Loans that are eligible for pooling into mortgage backed securities and <br /> purchased by tax- exempt bonds issued by TDHCA("Pooled Loans"), <br /> and/or (b) My First Texas Home Combo Loans with MCCs ("Combo <br /> Loans",collectively "HFC Loans"). <br /> Loam Prioritization The HFC Loans shall be recorded on a first in first out("FIFO") basis <br /> until the equivalent of the assigned volume cap has been exhausted. <br /> Volume Cap Utilization: Pooled Loans will be credited at par. Combo Loans will be credited in <br /> accordance with the volume cap used to originate such loan. <br /> HFC Fees: TDHCA will pay an ongoing fee of 4.75 basis points against the <br /> aggregate outstanding balance of HFC Loans that have been pooled <br /> into mortgage-backed securities or for which an MCC has been issued. <br /> The HFC Fees will be paid for a period of ten years for each loan <br /> originated under the Assignment Agreement that is not more than 30- <br /> days delinquent at the time the Pooled Loan Fee is calculated. The <br /> outstanding balance will be reduced monthly to reflect principal <br /> repayments and prepayments (including foreclosures). HFC Fees <br /> cease to accrue with respect to any HFC Loan once that loan has been <br /> repaid or prepaid. <br /> HFC Fees will be paid annually, in accordance with payment <br /> instructions to be provided by the HFC. <br />