Common use of Whole Loan Transfers Clause in Contracts

Whole Loan Transfers. With respect to each Whole Loan Transfer entered into by the Purchaser, the Seller agree: (i) to cooperate with the Purchaser and any prospective purchaser with respect to all reasonable requests, including but not limited to assistance and information reasonably requested by the Purchaser to enable the Purchaser’s compliance with any law, rule or regulation affecting the servicing, sales or transfers of the Mortgage Loans; and (ii) to execute, at the Purchaser’s discretion, a mutually agreeable form of assignment, assumption and recognition agreement with regard to some or all of the Mortgage Loans.

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (Angel Oak Mortgage, Inc.), Mortgage Loan Purchase Agreement (Angel Oak Mortgage, Inc.), Mortgage Loan Purchase Agreement (Angel Oak Mortgage, Inc.)

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Whole Loan Transfers. With respect to each Whole Loan Transfer entered into by the Purchaser, the Seller agreeagrees: (i) to cooperate with the Purchaser and any prospective purchaser with respect to all reasonable requests, including but not limited to assistance and information reasonably requested by the Purchaser to enable the Purchaser’s compliance with any law, rule or regulation affecting the servicing, sales or transfers of the Mortgage Loans; and (ii) to execute, at the Purchaser’s discretion, a mutually agreeable form of assignment, assumption and recognition agreement with regard to some or all of the Mortgage Loans.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Angel Oak Mortgage REIT, Inc.)

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Whole Loan Transfers. With respect to each Whole Loan Transfer entered into by the Purchaser, the Seller agree: agrees: (i) to cooperate with the Purchaser and any prospective purchaser with respect to all reasonable requests, including but not limited to assistance and information reasonably requested by the Purchaser to enable the Purchaser’s compliance with any law, rule or regulation affecting the servicing, sales or transfers of the Mortgage Loans; and and (ii) to execute, at the Purchaser’s discretion, a mutually agreeable form of assignment, assumption and recognition agreement with regard to some or all of the Mortgage Loans.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Angel Oak Mortgage REIT, Inc.)

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