Common use of Loan Experience Clause in Contracts

Loan Experience. The Seller has delivered information as to its loan charge-off or loan loss experience, its loan delinquency experience for the immediately preceding three-year period, prepayment speed and delinquency histories for at least the immediately preceding year, and all such information so delivered shall be true and correct in all material respects;

Appears in 15 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2005-He4), Servicing Agreement (GSAA Home Equity Trust 2006-10), Pooling and Servicing Agreement (GSAMP Trust 2006-Fm2)

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Loan Experience. The Seller has delivered information as to its loan charge-off or loan gain and loss experienceexperience in respect of foreclosures, its loan delinquency experience for the immediately preceding three-year period, prepayment speed and individual loan loss severities and delinquency histories for at least the immediately preceding year, in each case with respect to mortgage loans owned by it and such mortgage loans serviced for others during such period, and all such information so delivered shall be true and correct in all material respects;

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-He3), Servicing Agreement (GSAA Home Equity Trust 2006-9), Pooling and Servicing Agreement (GSAMP Trust 2007-He1)

Loan Experience. The To the extent available, the Seller has delivered information as to the Seller's and its affiliate's loan charge-off or loan gain and loss experienceexperience in respect of foreclosures, its loan delinquency experience for the immediately preceding three-year period, prepayment speed and individual loan loss severities and delinquency histories for at least the immediately preceding year, in each case with respect to mortgage loans owned by it, and all such information so delivered shall be true and correct in all material respects;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2005-He4), Pooling and Servicing Agreement (GSAMP Trust 2005-He4)

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Loan Experience. The Seller has delivered information as to its loan charge-off or loan loss experience, its loan delinquency experience for the immediately preceding three-year period, prepayment speed and delinquency histories for at least the immediately preceding year, and all such information so delivered shall be is true and correct in all material respects;

Appears in 1 contract

Samples: Mortgage Loan Purchase and Warranties Agreement (ABFC 2006-Opt1 Trust)

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