Common use of No Adverse Selection Clause in Contracts

No Adverse Selection. Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 8 contracts

Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Finance of America Companies Inc.)

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No Adverse Selection. The Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect the Buyer.

Appears in 7 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (First NLC Financial Services Inc), Master Repurchase Agreement (Homebanc Corp)

No Adverse Selection. Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 6 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Guild Holdings Co)

No Adverse Selection. Seller The Sellers shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect the Buyer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (MortgageIT Holdings, Inc.)

No Adverse Selection. Seller Sellers shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc), Master Repurchase Agreement (American Home Mortgage Investment Corp)

No Adverse Selection. Seller The Sellers shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets using any type of adverse selection or other selection criteria which would adversely affect Buyer; provided that as described in Section 3 herein, Sellers are not under any obligation to offer or sell any or all Eligible Mortgage Loans, Home$ense Mortgage Loans or Portfolio Select Mortgage Loans to Buyer pursuant to this Agreement.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

No Adverse Selection. Seller The Sellers shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyerthe Buyer in any material respect.

Appears in 2 contracts

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.), Master Repurchase Agreement (MortgageIT Holdings, Inc.)

No Adverse Selection. Seller The Sellers shall not intentionally select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyerthe Buyer (it being understood that Sellers’ mortgage loans are non-prime).

Appears in 1 contract

Samples: Master Repurchase Agreement (ECC Capital CORP)

No Adverse Selection. No Seller shall not select Eligible Mortgage Loans to be sold to the Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect the Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

No Adverse Selection. No Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

No Adverse Selection. Seller shall not select Eligible Mortgage Loans to be sold subject to Buyer as Purchased Assets Transactions hereunder using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

No Adverse Selection. No Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect the Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

No Adverse Selection. The Seller shall not select Eligible Mortgage Loans to be sold to Buyer Buyers as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect any Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Ryland Group Inc)

No Adverse Selection. The Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyerthe Buyer in any material respect.

Appears in 1 contract

Samples: Master Repurchase Agreement (Mortgageit Holdings Inc)

No Adverse Selection. Seller shall not intentionally select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets using any type of adverse selection or other selection criteria which would Mortgage Loans in a manner so as to adversely affect Buyer’s interests.

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

No Adverse Selection. Seller The Sellers shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets using any type of adverse selection or other selection criteria which would adversely affect Buyer; provided that as described in Section 3 herein, Sellers are not under any obligation to offer or sell any or all Eligible Mortgage Loans or Portfolio Select Mortgage Loans to Buyer pursuant to this Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

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No Adverse Selection. Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyer’s interests.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

No Adverse Selection. No Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

No Adverse Selection. Neither Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect the Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

No Adverse Selection. Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect Buyer’s interests.

Appears in 1 contract

Samples: Master Repurchase Agreement (Stonegate Mortgage Corp)

No Adverse Selection. No Seller shall not select Eligible Mortgage Loans to be sold to Buyer Buyers as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect any Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

No Adverse Selection. No Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

No Adverse Selection. The Seller shall not select Eligible Mortgage Loans to be sold to the Buyer as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would could be reasonably expected to adversely affect the Buyer.

Appears in 1 contract

Samples: Repurchase Agreement (Fieldstone Investment Corp)

No Adverse Selection. Seller shall not select Eligible Mortgage Loans to be sold to Buyer the Buyers as Purchased Assets Mortgage Loans using any type of adverse selection or other selection criteria which would adversely affect any Buyer’s interests.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

No Adverse Selection. Seller shall not select Eligible Mortgage Loans to be sold to Buyer as Purchased Assets using any type of adverse selection or other selection criteria which would adversely affect Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

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