Common use of Underwriting Guidelines Clause in Contracts

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent Underwriting Guidelines.

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Guild Holdings Co), Master Repurchase Agreement

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Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (United Financial Mortgage Corp)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated the amended or modified Underwriting Guidelines Guidelines, specifying in detail the amendments and a summary of the changes modifications set forth therein from the then most recent Underwriting Guidelinesprevious copy delivered.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that the Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. the Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 2 contracts

Samples: Master Repurchase Agreement (First NLC Financial Services Inc), Master Repurchase Agreement (Anthracite Capital Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated the amended or modified Underwriting Guidelines specifying in detail the amendments and a summary of the changes modifications set forth therein from the then most recent Underwriting Guidelinesprevious copy delivered.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines with respect to Mortgage Loans offered to Buyer hereunder. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc), Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines in a material manner. Without limiting the foregoing, in the event that the Seller makes any material amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. the Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (E Loan Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from permit the Servicer to amend or otherwise modify the Underwriting Guidelines in any material respect in any manner that might adversely affect the Mortgage Loans. Without limiting the foregoing, in the event that the Servicer makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Capitalsource Inc), Master Repurchase Agreement (Capitalsource Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller Sellers shall not deviate from amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that either Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. such Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 2 contracts

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.), Master Repurchase Agreement (First NLC Financial Services Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not materially deviate from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent Underwriting Guidelines[***].

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not deviate from amend in any material respect or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that the Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. the Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Mortgageit Holdings Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate in any material respect from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Stonegate Mortgage Corp)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not deviate from materially amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that the Seller makes any material amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. the Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not deviate from materially amend or otherwise materially modify the Underwriting Guidelines. Without limiting the foregoing, in the event that the Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. the Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from materially amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

Underwriting Guidelines. Without the prior written consent of Buyer, no Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines except to the extent required by changes to Agency Guidelines and Requirements of Law. Without limiting the foregoing, in the event that any Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. such Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not materially deviate from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Upon Buyer’s reasonable request, Seller shall will provide Buyer prompt written notice of any material changes to with Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent current Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify or permit the amendment or modification of the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated the amended or modified Underwriting Guidelines Guidelines, specifying in detail the amendments and a summary of the changes modifications set forth therein from the then most recent Underwriting Guidelinesprevious copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Underwriting Guidelines. Without the prior written consent of Buyer, Seller Sellers shall not deviate from amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that a Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. such Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (New York Mortgage Trust Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller Sellers shall not deviate from materially amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that any Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. each Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (American Home Mortgage Investment Corp)

Underwriting Guidelines. Without the prior written consent of notice to Buyer, Seller shall not deviate in any material respect from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, neither Seller shall not deviate from the its Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller the Sellers shall not deviate from amend or otherwise modify the Underwriting Guidelines with respect to any Mortgage Loans that are Purchased Mortgage Loans. Without limiting the foregoing, in the event that the Sellers make any amendment or modification to the Underwriting Guidelines, as in effect from time the Sellers shall promptly deliver to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (ECC Capital CORP)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from (i) amend, permit the amendment of or otherwise modify or permit the modification of the Underwriting Guidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated the amended or modified such Underwriting Guidelines; provided that, for the avoidance of doubt, that Buyer will not purchase any Mortgage Loans originated pursuant to Underwriting Guidelines and a summary of the changes from the then most recent Underwriting Guidelinesthat have not been approved by Buyer.

Appears in 1 contract

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines except to the extent required by changes to Agency Guidelines and Requirements of Law. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, which will not be unreasonably withheld, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from materially amend or otherwise modify the Underwriting Guidelines except to the extent required by changes to Agency Guidelines and Requirements of Law. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall (i) provide notice to Buyer prompt written notice within five (5) Business Days of any material changes to Seller’s then Underwriting Guidelines, including therewith such amendment or modification and (ii) deliver a complete copy of Seller’s updated the amended or modified Underwriting Guidelines and a summary of the changes from the then most recent Underwriting Guidelinesto Buyer in connection with such notice.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, no Seller shall not deviate from amend in any material respect or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that a Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. such Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not deviate from amend or otherwise modify the Underwriting Guidelines. Without limiting the foregoing, in the event that Seller or any Agency or Takeout Investor makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (Standard Pacific Corp /De/)

Underwriting Guidelines. Without the prior written consent of Buyer, neither Seller shall not deviate from amend in any material respect or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that a Seller makes any amendment or modification to the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. such Seller shall provide promptly deliver to Buyer prompt written notice of any material changes to Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the changes from the then most recent amended or modified Underwriting Guidelines.

Appears in 1 contract

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

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