Aggregate Delinquency of Serviced Loans. Permit the aggregate delinquency rate of Serviced Loans that are thirty (30) days or more delinquent in any state where either Company services Mortgage Loans to exceed the delinquency rate for all Mortgage Loans in that state, as that state’s delinquency rate is published quarterly by the Mortgage Bankers Association of America.
Appears in 3 contracts
Samples: Credit Agreement, Senior Secured Credit Agreement (Homebanc Corp), Senior Secured Credit Agreement (Homebanc Corp)
Aggregate Delinquency of Serviced Loans. Permit the aggregate delinquency rate of Serviced Loans that are thirty (30) days or more delinquent in any state where either the Company services Mortgage Loans to exceed the delinquency rate for all Mortgage Loans in that state, as that state’s delinquency rate is published quarterly by the Mortgage Bankers Association of America.
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