Common use of REMIC Status Clause in Contracts

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REMIC Status. The Mortgage Loan is a qualified mortgage for inclusion in a "real estate mortgage investment conduit" for federal income tax purposes;

Appears in 9 contracts

Samples: Mortgage Loan Purchase Agreement (Lehman XS Trust Series 2007-7n), Servicing Agreement (LXS 2007-3), Mortgage Loan Purchase Agreement (Lehman XS Trust Series 2007-15n)

REMIC Status. The Mortgage Loan is a qualified mortgage for inclusion in a "real estate mortgage investment conduit" for federal income tax purposes;; and

Appears in 4 contracts

Samples: Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Sasco 2006-Bc4), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Sasco 2006-Bc3), Servicing Agreement (Sail 2006-3)

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REMIC Status. The Mortgage Loan is a qualified mortgage for inclusion in a "real estate mortgage investment conduit" for federal income tax purposes;.

Appears in 1 contract

Samples: Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp/Ny)

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