Common use of Qualified Mortgage for REMIC Clause in Contracts

Qualified Mortgage for REMIC. Each Mortgage Loan is a “qualified mortgage” under Section 860G(a)(3) of the Code and Treasury Regulation Section 1.860G-2(a)(1); and

Appears in 2 contracts

Samples: Master Bulk Sale and Servicing Agreement (Banc of America Funding Corp), Distribution Instructions (MASTR Asset Backed Securities Trust 2006-Am1)

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Qualified Mortgage for REMIC. Each Mortgage Loan is a “qualified mortgage” under Section 860G(a)(3) of the Code and Treasury Regulation Section 1.860G-2(a)(11.860G­2(a)(1); and

Appears in 1 contract

Samples: Assumption and Recognition Agreement (MASTR Asset Securitization Trust 2006-3)

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Qualified Mortgage for REMIC. Each Mortgage Loan is a "qualified mortgage" under Section 860G(a)(3) of the Code and Treasury Regulation Section 1.860G-2(a)(1); andCode.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Group Holdings Inc /De/)

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