Common use of Helping Families Notice Clause in Contracts

Helping Families Notice. With respect to each Mortgage Loan, within thirty (30) days following the related Closing Date, Seller shall furnish to the Mortgagor of such Mortgage Loan the notice required by Section 404 of the Helping Families Save Their Homes Act of 2009 (the “Helping Families Act”) in accordance with the provisions of the Helping Families Act. In addition, in connection with any Subsequent Transaction with respect to any of the Mortgage Loans, Seller shall furnish to each related Mortgagor, within thirty (30) days following the closing date with respect to such Subsequent Transaction, a notice with respect to such assignment in the form required by the assignee for the related Subsequent Transaction, which notice shall identify the assignee for the related Subsequent Transaction as the new owner of the Mortgage Loan and include any other information required by the Helping Families Act.

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (Angel Oak Mortgage, Inc.), Mortgage Loan Purchase Agreement (Angel Oak Mortgage, Inc.), Mortgage Loan Purchase Agreement (Angel Oak Mortgage, Inc.)

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Helping Families Notice. With respect to each Mortgage Loan, within thirty (30) days following the related Closing Date, the Seller shall furnish to the Mortgagor of such Mortgage Loan the notice required by Section 404 of the Helping Families Save Their Homes Act of 2009 (the “Helping Families Act”) in accordance with the provisions of the Helping Families Act. In addition, in connection with any Subsequent Transaction with respect to any of the Mortgage Loans, the Seller shall furnish to each related Mortgagor, within thirty (30) days following the closing date with respect to such Subsequent Transaction, a notice with respect to such assignment in the form required by the assignee for the related Subsequent Transaction, which notice shall identify the assignee for the related Subsequent Transaction as the new owner of the Mortgage Loan and include any other information required by the Helping Families Act.. ARTICLE XI

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Angel Oak Mortgage REIT, Inc.)

Helping Families Notice. With respect to each Mortgage Loan, within thirty (30) days following the related Closing Date, the Seller shall furnish to the Mortgagor of such Mortgage Loan the notice required by Section 404 of the Helping Families Save Their Homes Act of 2009 (the “Helping Families Act”) in accordance with the provisions of the Helping Families Act. In addition, in connection with any Subsequent Transaction with respect to any of the Mortgage Loans, the Seller shall furnish to each related Mortgagor, within thirty (30) days following the closing date with respect to such Subsequent Transaction, a notice with respect to such assignment in the form required by the assignee for the related Subsequent Transaction, which notice shall identify the assignee for the related Subsequent Transaction as the new owner of the Mortgage Loan and include any other information required by the Helping Families Act.for

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Angel Oak Mortgage REIT, Inc.)

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Helping Families Notice. With respect to each Mortgage Loan, within Within thirty (30) days following the related Closing DateDate in respect of a Mortgage Loan, Seller the Purchaser shall furnish to the Mortgagor borrower of such Mortgage Loan the notice required by Section 404 of the Helping Families Save Their Homes Act of 2009 (the “Helping Families Act”) in accordance with the provisions of the Helping Families Act. In addition, in connection with any Subsequent Securitization Transaction with respect to any of the Mortgage Loans, Seller the Purchaser shall require its assignee to furnish to each related Mortgagorborrower, within thirty (30) days following the closing date with respect to such Subsequent Securitization Transaction, a notice with respect to such assignment in the form required by the assignee for the related Subsequent Transactionassignment, which notice shall identify the assignee for the related Subsequent Securitization Transaction trust as the new owner of the Mortgage Loan and include any other information required by the Helping Families Act.

Appears in 1 contract

Samples: Mortgage Loan Sale and Servicing Agreement (Sequoia Mortgage Trust 2011-2)

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