Common use of Defective Mortgage Loans Clause in Contracts

Defective Mortgage Loans. One or more Purchased Mortgage Loans shall be Defective Mortgage Loans and Seller fails to repurchase such Defective Mortgage Loans within one Business Day; or

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Guild Holdings Co), Master Repurchase Agreement

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Defective Mortgage Loans. One or more Purchased Mortgage Loans shall be Defective Mortgage Loans and Seller fails to repurchase such Defective Mortgage Loans within one Business Day[***]; or

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

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Defective Mortgage Loans. One or more Purchased Mortgage Loans shall be Defective Mortgage Loans and Seller fails to repurchase such Defective Mortgage Loans within one two (2) Business DayDays; or

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

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