Common use of Cash Reporting Clause in Contracts

Cash Reporting. Upon the written request of the Buyer, the Seller shall provide, or cause to be provided, to the Buyer, a report of all cash and other collections activity with respect to each Purchased Loan and the amount of the Loan Loss Reserves maintained by the Seller. Such report shall be delivered to Buyer not later than three (3) Business Days following the Buyer’s written request therefor.

Appears in 4 contracts

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

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Cash Reporting. Upon the written request of the Buyer, the The Seller shall provide, or cause to be provided, to the Buyer on a monthly basis, or at more frequent intervals as requested by the Buyer, a report of all cash and other collections activity with respect to each Purchased Loan and the amount of the Loan Loss Reserves maintained by the Seller. Such report shall be delivered to the Buyer not later than three (3) Business Days following the date of such request by the Buyer’s written request therefor.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Cash Reporting. Upon the written request of the Buyer, the The Seller shall provide, or cause to be provided, to the Buyer on a monthly basis, or at more frequent intervals as requested by the Buyer, a report of all cash and other collections activity with respect to each Purchased Loan and the amount of the Loan Loss Reserves maintained by the Seller. Such report shall be delivered to Buyer not later than three (3) 1 p.m. on the Business Days Day following the Buyer’s written request therefordate of such receipt of cash or other collection activity.

Appears in 1 contract

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

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