The Program Documents shall specify the specific grounds for disqualification and/or termination of a Participating Lender in the Program in question. By way of illustration, and not as a limitation, such grounds may include one or more of the following:

1. (1) Insolvency of a Participating Lender.
2. (2) Breach of any Program agreement by a Participating Lender.
3. (3) Breach of OHFA Rules by the Participating Lender.
4. (4) Unreasonably high default rate in the portfolio of mortgages being originated and/or serviced by a Participating Lender.

Amended at 37 Ok Reg 1709, eff 1-1-21