Escrow Letter. There is, with respect to such Mortgage Loan, a valid and enforceable escrow letter duly executed by the Settlement Agent.
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Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.)
Escrow Letter. There is, with With respect to such any newly Originated Eligible Mortgage Loan, there is a valid and enforceable escrow letter duly executed by the related Settlement AgentAgent if required by any applicable Requirement of Law.
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