Common use of Withdrawn Mortgage Loans Clause in Contracts

Withdrawn Mortgage Loans. If the Mortgage Loan has been released to Seller or its designee pursuant to a Request for Release as permitted under Section 5 of the Custodial and Disbursement Agreement, then the Mortgage Note relating to the Mortgage Loan was returned to Custodian within ten (10) calendar days;

Appears in 2 contracts

Samples: Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (ECC Capital CORP)

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Withdrawn Mortgage Loans. If the Mortgage Loan has been released to Seller or its designee pursuant to a Request for Release as permitted under Section 5 5(a) or 5(b) of the Custodial and Disbursement Agreement, then the Mortgage Note relating to the Mortgage Loan was returned to Custodian within ten (10) calendar days and if released under a bailee letter pursuant to Section 5(c), such Mortgage Note was returned within 45 calendar days;

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

Withdrawn Mortgage Loans. If the Mortgage Loan has been released to Seller or its designee pursuant to a Request for Release as permitted under Section 5 of the Custodial and Disbursement Agreement, then the Mortgage Note relating to the Mortgage Loan was returned to Custodian within ten twelve (1012) calendar days;

Appears in 1 contract

Samples: Master Repurchase Agreement (Oak Street Financial Services Inc)

Withdrawn Mortgage Loans. If the Mortgage Loan has been released to Seller or its designee the related Seller, on behalf of Buyer, pursuant to a Request for Release as permitted under Section 5 of the Custodial and Disbursement Agreement, then the Mortgage Note promissory note relating to the Mortgage Loan was returned to the Custodian within ten five (105) calendar daysBusiness Days;

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

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Withdrawn Mortgage Loans. If the Mortgage Loan has been released to Seller or its designee the Borrower pursuant to a Request for Release as permitted under Section 5 of the Custodial and Disbursement Agreement, then the Mortgage Note promissory note relating to the Mortgage Loan was returned to the Custodian within ten (10) calendar days;7 Business Days.

Appears in 1 contract

Samples: Master Loan and Security Agreement (MortgageIT Holdings, Inc.)

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