All approved sellers/servicers must have and maintain a Lender Adjusted Net Worth of at least $2.5 million, plus a dollar amount that represents 0.25% of the UPB of the seller/servicerâs total portfolio of mortgage loans serviced.annie Mae may, at any time, impose additional net worth, liquidity, or financial condition requirements, including: provisions related to declines in net worth, profitability, minimum capital requirements, cross-default provisions, recourse, and. outstanding repurchase limitations.
The government subjectively passed the legislation without discussion and consultation with the First Nations. First Nations view the Indian Act as a discriminatory tool that establishes the governmentâs perspective to âcivilizeâ and âassimilateâ First Nations into mainstream society.The Actâs influence of European values would dictate all aspects of First Nations lives devaluing their culture completely.he government seen First Nations as minors or wards of the state (Price 64) and took it upon themselves to place themselves in a position of authority over First Nations. The government modified the terms of the treaty through provisions of the Indian Act and used it to control the First Nations.
The Indian Act is not a treaty; it is Canada's legal response to the treaties. Nevertheless, its unilateral nature, imposed on indigenous peoples by the Canadian government in contrast to the treaties, is itself a source of discontent among Native peoples in Canada. 1869: An Act for the gradual enfranchisement of Indians, the better management of Indian affairs, and to extend the provisions of the Act 31st Victoria, Chapter 42 introduced changes to the enfranchisement process.