Common use of Dry Mortgage Loans Clause in Contracts

Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan, Seller shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer or its Custodian, the related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial Agreement.

Appears in 6 contracts

Samples: Master Repurchase Agreement (UWM Holdings Corp), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (Caliber Home Loans, Inc.)

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Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan, Seller shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer or its Custodian, the related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial AgreementDocuments.

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan, Seller shall deliver to Buyer acting as custodian or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer acting as custodian or its Custodian, the related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial AgreementDocuments.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Tree.com, Inc.), Master Repurchase Agreement (Tree.com, Inc.), Master Repurchase Agreement (Tree.com, Inc.)

Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan, the applicable Seller shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent Agent, the Qualified Originator or the Warehouse Lender to deliver to Buyer or its Custodian, the related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof 5.02 and the Custodial Agreement.

Appears in 2 contracts

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

Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan, Seller shall deliver to Buyer or its Custodian, or authorize authorize, direct and direct cause the Closing Agent to deliver to Buyer or its Custodian, the any related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial Agreement.

Appears in 1 contract

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

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Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan, Seller shall deliver to Buyer Administrative Agent or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer Administrative Agent or its Custodian, the related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial Agreement.

Appears in 1 contract

Samples: Assignment and Assumption (Pennymac Financial Services, Inc.)

Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan (including any Dry Mortgage Loan that is a Certified Mortgage Loan), Seller shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer or its Custodian, the related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.)

Dry Mortgage Loans. Prior to any Transaction related to a Dry Mortgage Loan, Seller shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer or its Custodian, (i) the related Mortgage Loan Documents in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial AgreementAgreement (if any) and (ii) with respect to Correspondent Mortgage Loans, the related Seller’s Release.

Appears in 1 contract

Samples: Master Repurchase Agreement (Stonegate Mortgage Corp)

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