Recourse Servicing Contracts. Acquire or enter into Servicing Contracts under which Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.
Appears in 20 contracts
Samples: Warehousing Credit and Security Agreement (WMC Finance Co), Warehousing Credit and Security Agreement (First NLC Financial Services Inc), Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)
Recourse Servicing Contracts. Acquire or enter into Servicing Contracts under which Borrower must repurchase or indemnify the holder of the Mortgage Loans as a result of defaults on the Mortgage Loans at any time during the term of those Mortgage Loans.. End of Article 8
Appears in 2 contracts
Samples: Warehousing Credit and Security Agreement (E Loan Inc), Warehousing Credit and Security Agreement (Matrix Bancorp Inc)
