Common use of Bona Fide Loan Clause in Contracts

Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State and Federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off or counterclaim.

Appears in 36 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement and Securities Contract (Home Point Capital Inc.), Master Repurchase Agreement and Securities Contract (Home Point Capital Inc.)

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Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State state and Federal federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off or counterclaim.

Appears in 5 contracts

Samples: Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc), Master Repurchase Agreement and Securities Contract (Radian Group Inc)

Bona Fide Loan. Such Purchased The Mortgage Loan arose from a bona fide loan, complying with all applicable State and Federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off or counterclaim.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Caliber Home Loans, Inc.)

Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State and Federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-set off or counterclaim.

Appears in 4 contracts

Samples: Electronic Tracking Agreement (Home Point Capital Inc.), Master Repurchase Agreement and Securities Contract (AmeriHome, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State state and Federal federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off set‑off or counterclaim.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State and Federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off or counterclaim.;

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State state and Federal federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-set off or counterclaim.

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (Caliber Home Loans, Inc.)

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Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State and Federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off set‑off or counterclaim.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Bona Fide Loan. Such Purchased Mortgage Loan (i) arose from a bona fide loan, complying (ii) complied with all applicable State and Federal laws and regulations, and (iii) was made to persons having legal capacity to contract and is not subject to any defense, set-off or counterclaim.

Appears in 1 contract

Samples: Master Repurchase Agreement and Securities Contract (Korth Direct Mortgage Inc.)

Bona Fide Loan. Such Purchased Mortgage Loan arose from a bona fide loan, complying with all applicable State state and Federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off or counterclaim.

Appears in 1 contract

Samples: Funding Agreement (Fieldstone Investment Corp)

Bona Fide Loan. Such Purchased Mortgage Loan Asset arose from a bona fide loan, complying with all applicable State and Federal laws and regulations, to persons having legal capacity to contract and is not subject to any defense, set-off or counterclaim.

Appears in 1 contract

Samples: American Home Mortgage Investment Corp

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