Common use of Downpayment Clause in Contracts

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by the Seller;

Appears in 13 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement, Master Repurchase Agreement (Homebanc Corp)

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Downpayment. The source of the down payment with respect to each such Mortgage Loan has been fully verified by the Seller;.

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Lennar Corp /New/)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by the SellerSellers;

Appears in 3 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Downpayment. The source of the down payment with respect to each such Mortgage Loan has been fully verified by Seller or, if a Correspondent Loan, the Seller;Approved Correspondent.

Appears in 2 contracts

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

Downpayment. The source of the down payment with respect to each such Mortgage Loan has been fully verified by the Seller;.

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (Pulte Homes Inc/Mi/)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by a Seller or the Seller;correspondent of PMC.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by Seller or the correspondent of Seller;.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by the SellerOriginator;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-F1)

Downpayment. The source of the down payment with respect to each Underlying Mortgage Loan has been fully verified by the SellerGuarantor;

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

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Downpayment. The source of the down payment payment, if applicable, with respect to each Mortgage Loan that the Underwriting Guidelines require be verified, has been fully verified by the SellerSellers;

Appears in 1 contract

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by Seller or the Seller;correspondent of PennyMac Corp.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by a Seller or the correspondent of such Seller;.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by the Seller, if required by applicable program guidelines;

Appears in 1 contract

Samples: Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Af1)

Downpayment. The source of the down payment with respect to each such Mortgage Loan has been fully verified by Seller, or if a Correspondent Loan, by the Seller;related Approved Correspondent or the originator.

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

Downpayment. The source of the down payment with respect to each Mortgage Loan has been fully verified by the Seller;Seller or Correspondent Mortgage Lender, as applicable.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.)

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