Mortgage Interest Rate. The Mortgage Interest Rate on the Mortgage Loan is calculated on the basis of a year of 360 days with twelve 30-day months.
Appears in 3 contracts
Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp), Mortgage Loan Purchase and Servicing Agreement (Accredited Home Lenders Holding Co), Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)
Mortgage Interest Rate. [The Mortgage Interest Rate on the Mortgage Loan is calculated on the basis of a year of 360 days with twelve 30-day months.] (uu) [Reserved].
Appears in 1 contract
Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)