Common use of Wet Mortgage Loans Clause in Contracts

Wet Mortgage Loans. With respect to a Transaction the subject of which is a Wet Mortgage Loan, Seller shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer or its Custodian, the related Mortgage Loan Documents within the Wet Mortgage Loans Maximum Dwell Time.

Appears in 8 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

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Wet Mortgage Loans. With respect to a Transaction the subject of which is a Wet Mortgage Loan, (i) Seller shall deliver to Buyer or its CustodianCustodian any Mortgage Loan Documents in Seller’s possession, or and (ii) Seller shall authorize and direct the Closing Agent to deliver the related Mortgage Loan Documents to Seller, for delivery to Buyer or its Custodian, the related Mortgage Loan Documents in each case, within the Wet Mortgage Loans Maximum Dwell TimeTime in accordance with the terms of Section 7.2 hereof, Exhibit B hereof and the Custodial Agreement.

Appears in 4 contracts

Samples: Master Repurchase Agreement (UWM Holdings Corp), Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (Caliber Home Loans, Inc.)

Wet Mortgage Loans. With respect to a Transaction the subject of which is a Wet Mortgage Loan, (i) Seller shall deliver to Buyer or its CustodianCustodian any Mortgage Loan Documents in Seller’s possession, or and (ii) Seller shall authorize and direct the Closing Agent to deliver the related Mortgage Loan Documents to Seller, for delivery to Buyer or its Custodian, the related Mortgage Loan Documents in each case, within the Wet Mortgage Loans Maximum Dwell TimeTime in accordance with the terms of Section 7.2 hereof, Exhibit B hereof and the Custodial Agreement (if any).

Appears in 2 contracts

Samples: Master Repurchase Agreement (Stonegate Mortgage Corp), Master Repurchase Agreement (Walter Investment Management Corp)

Wet Mortgage Loans. With respect to a Transaction the subject of which is a Wet Mortgage Loan, Seller shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer or its Custodian, the related Mortgage Loan Documents within the Wet Mortgage Loans Maximum Dwell TimeTime in accordance with and pursuant to the terms of Section 7.2 hereof and the Custodial Agreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.)

Wet Mortgage Loans. With respect to a Transaction the subject of which is a Wet Mortgage Loan, (i) Seller shall deliver to Buyer Administrative Agent or its CustodianCustodian any Mortgage Loan Documents in Seller’s possession, or and (ii) Seller shall authorize and direct the Closing Agent to deliver to Buyer or its Custodian, the related Mortgage Loan Documents to Seller, for delivery to Administrative Agent or its Custodian, in each case, within the Wet Mortgage Loans Maximum Dwell TimeTime in accordance with the terms of Section 7.2 hereof, Exhibit B hereof and the Custodial Agreement.

Appears in 1 contract

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

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Wet Mortgage Loans. With respect to a Transaction the subject of which is a Wet Mortgage Loan, (i) Seller shall deliver to Buyer or its CustodianCustodian the related Mortgage Loan Documents in Seller’s possession, or authorize and (ii) Seller shall authorize, direct and cause the Closing Agent to deliver the related Mortgage Loan Documents directly to Buyer or its Custodian, the related Mortgage Loan Documents in each case, within the Wet Mortgage Loans Maximum Dwell TimeTime in accordance with the terms of Section 7.2, Exhibit B hereof and the Custodial Agreement.

Appears in 1 contract

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

Wet Mortgage Loans. With respect to a Transaction the subject of which is a Purchased Asset related to a Wet Mortgage Loan, Seller loanDepot Parties shall deliver to Buyer or its Custodian, or authorize and direct the Closing Agent to deliver to Buyer or its Custodian, the related Mortgage Loan Documents within the Wet Mortgage Loans Maximum Dwell Time.

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Wet Mortgage Loans. With respect to a Transaction the subject of which is a Wet Mortgage Loan, (i) Seller shall deliver to Buyer or its CustodianCustodian any Mortgage Loan Documents in Seller’s possession, or and (ii) Seller shall authorize and direct the Closing Agent to deliver the related Mortgage Loan Documents to Seller, for delivery to Buyer or its Custodian, the related Mortgage Loan Documents in each case, within the Wet Mortgage Loans Maximum Dwell TimeTime in accordance with the terms of Section 7.2 hereof and the Custodial Agreement.

Appears in 1 contract

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

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