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Common use of Sale of Loans Clause in Contracts

Sale of Loans. From time to time during the term of this Agreement, Seller shall offer to sell, and Purchaser may purchase, all right, title, and interest in and to eligible Loans and the related Servicing Rights in accordance with the terms set forth in this Agreement. Nothing in this Agreement shall be construed as obligating Purchaser to purchase or accept the assignment of any Loan. The Purchaser, in its sole discretion, reserves the right to reject any Loan for any reason.

Appears in 6 contracts

Samples: Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement