Common use of Acknowledgement of Anti-Predatory Lending Policies Clause in Contracts

Acknowledgement of Anti-Predatory Lending Policies. On each Closing Date, Purchaser has in place internal policies and procedures that expressly prohibit its purchase of any Mortgage Loan which breaches Section 3.02(tt).

Appears in 8 contracts

Samples: Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3), Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-1), Warranties and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-A2)

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