REO Subsidiary. The Membership Certificate represents 100% of the beneficial ownership of the REO Subsidiary, and the Seller or the REO Subsidiary, as applicable, continues to hold legal title to all REO Property related to foreclosures of HECM Buyout Loans that are subject to a Transaction. The representations and warranties set forth in this Agreement shall survive transfer of the Purchased Assets to the Purchaser and shall continue for so long as the Purchased Assets are subject to this Agreement.
Appears in 2 contracts
Samples: Master Repurchase Agreement, Master Repurchase Agreement (DITECH HOLDING Corp)
REO Subsidiary. The Membership Certificate represents 100% of the beneficial ownership of the REO Subsidiary, and the Seller or the REO Subsidiary, as applicable, Subsidiary continues to hold legal title to all REO Property related to foreclosures of HECM Buyout Loans that are subject to a Transaction. The representations and warranties set forth in this Agreement shall survive transfer of the Purchased Assets to the Purchaser and shall continue for so long as the Purchased Assets are subject to this Agreement.
Appears in 1 contract
Samples: Master Repurchase Agreement (Walter Investment Management Corp)
REO Subsidiary. The Membership Certificate represents 100% of the beneficial ownership of the REO Subsidiary, and the Seller or the REO Subsidiary, as applicable, Subsidiary continues to hold legal title to all REO Property related to foreclosures of HECM Buyout Loans that are subject to a Transaction. The representations and warranties set forth in this Agreement shall survive transfer of the Purchased Assets to the Purchaser and shall continue for so long as the Purchased Assets are subject to this Agreement.
Appears in 1 contract
Samples: Master Repurchase Agreement (Walter Investment Management Corp)
