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 (An Act respecting Indians), is a Canadian statute that concerns registered Indians, their bands, and the system of Indian reserves.he act sets out rules for governing Indian reserves, defines how bands can be created and spells out the powers of band councils.