Common use of High Cost Clause in Contracts

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 22 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-5), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-11), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-11)

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High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 22 contracts

Samples: Assignment, Assumption and Recognition Agreement (New Century Alternative Mortgage Loan Trust 2006-Alt2), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-20), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-19)

High Cost. No With respect to the Mortgage Loans, no Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.;

Appears in 12 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-16), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-6), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-20)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d5.6(c), Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 7 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-1), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-1)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 1994, or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 6 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-20), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-6), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-17)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 1994, or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 6 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-12), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-14), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller Company are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-11), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-6), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9)

High Cost. No With respect to the Mortgage Loans, no Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.;

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-5), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)6.0, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-8), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-7), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-10)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-5), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)6.0, Appendix E, as revised from time to time and in effect as of the Original Purchase Daterespective closing date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-10), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-7), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-8)

High Cost. No With respect to the Mortgage Loans, no Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)6.0, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.;

Appears in 4 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-10), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-9), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-8)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Daterespective closing date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 3 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-6), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-18), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-16)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d5.6(c), Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 1994, or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 3 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-1), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-4)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-then current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Daterespective closing date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-5), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-4)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Closing Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-9)

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High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase Daterespective closing date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-14)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase txx Xxxxxxxx Xxrchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-11)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-then current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-19)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-then current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d5.6(c), Appendix E, as revised from time to time and in effect as of the Original Purchase txx Xxxxxxxx Xxrchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase xxx Xxxxxxxx Xxrchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-19)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's ’s Glossary for File Format for LEVELS(R) LEVELS® Version 5.6(d)5.7, Appendix E, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 1994, or (b) a "high cost home," "” “covered," "” “high-cost," "” “high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-5)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in iN effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-14)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase thx Xxxxxxxx Xxxchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix E, as revised from time to time and in effect as of the Original Purchase Securitization Closing Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10)

High Cost. No Mortgage Loan is categorized as "High Cost" pursuant to the then-current Standard & Poor's Glossary for File Format for LEVELS(R) Version 5.6(d), Appendix EXxxxxxxx X, as revised from time to time and in effect as of the Original Purchase Date. Furthermore, none of the Mortgage Loans sold by the Seller are classified as (a) a "high cost mortgage" loan under the Home Ownership and Equity Protection Act of 1994 or (b) a "high cost home," "covered," "high-cost," "high-risk home," or "predatory" loan under any other applicable state, federal or local law.

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9)

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