Acquisition of Recourse Servicing Contracts. Acquire Servicing Contracts under which the Company is obligated to repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of such Mortgage Loans.
Appears in 5 contracts
Samples: Warehousing Credit and Security Agreement (Mortgage Com Inc), Warehousing Credit and Security Agreement (Finet Holdings Corp), Warehousing Credit and Security Agreement (U S Home Corp /De/)
