Common use of Origination Practices Clause in Contracts

Origination Practices. The origination practices used by Seller with respect to each Mortgage Loan (i) have been and are in all respects legal and proper in the mortgage origination business and (ii) are in accordance with the underwriting guidelines previously supplied by Seller to Buyer.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Aames Investment Corp), Master Repurchase Agreement (Aames Financial Corp/De), Master Repurchase Agreement (Aames Financial Corp/De)

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Origination Practices. The origination practices used by Seller with respect to each Mortgage Loan (iA) have been and are in all respects legal and proper in the mortgage origination business and (iiB) are in accordance with the underwriting guidelines previously supplied by Seller to Buyer.

Appears in 2 contracts

Samples: Letter Agreement (American Home Mortgage Investment Corp), Letter Agreement (American Home Mortgage Investment Corp)

Origination Practices. The origination practices used by Seller with respect to each Mortgage Loan (i) have been and are in all respects legal and proper in the mortgage origination business and (ii) are in accordance with the underwriting guidelines previously supplied by Seller to Buyer.;

Appears in 2 contracts

Samples: Master Repurchase Agreement (Aames Financial Corp/De), Master Repurchase Agreement (Aames Financial Corp/De)

Origination Practices. The origination practices used by Seller with respect to each Mortgage Loan (iA) have been and are in all respects legal and proper in the mortgage origination business and (iiB) are in accordance with the underwriting guidelines Underwriting Guidelines previously supplied by Seller to Buyer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Fieldstone Investment Corp)

Origination Practices. The origination practices used by Seller with respect to each Mortgage Loan (i) have been and are in all respects legal and proper in the mortgage origination business and (ii) are in accordance with the underwriting guidelines Underwriting Guidelines previously supplied by Seller to Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

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Origination Practices. The origination practices used by Seller with respect to each Mortgage Loan (i) have been and are in all respects legal and proper in the mortgage origination business and (ii) are either in accordance with (x) the underwriting guidelines previously supplied attached hereto as Exhibit VI or (y) such other underwriting guidelines as may be approved by Seller to Buyer.Buyer in connection with a bulk acquisition with the exception of compensating factors which allow for reasonable exceptions;

Appears in 1 contract

Samples: Master Repurchase Agreement (Novastar Financial Inc)

Origination Practices. The origination practices used by Seller with --------------------- respect to each Mortgage Loan (i) have been and are in all respects legal and proper in the mortgage origination business and (ii) are in accordance with the underwriting guidelines previously supplied by Seller to Buyer.attached hereto as Exhibit VI; ----------

Appears in 1 contract

Samples: Master Repurchase Agreement (United Panam Financial Corp)

Origination Practices. The origination practices used by Seller with respect to each Mortgage Loan (i) have been and are in all respects legal and proper in the mortgage origination business and (ii) are in accordance with the underwriting guidelines previously supplied by Seller to Buyer.business;

Appears in 1 contract

Samples: Master Repurchase Agreement (American Residential Investment Trust Inc)

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