Amresco Residential Sec Corp Mort Loan Tr 1996-5 Sample Contracts

AutoNDA by SimpleDocs
AND
Underwriting Agreement • January 2nd, 1997 • Armesco Residential Sec Corp Mort Loan Tr 1996-5 • New York
Exhibit 10.2
Subsequent Transfer Agreement • March 14th, 1997 • Amresco Residential Sec Corp Mort Loan Tr 1996-5 • Asset-backed securities

AMRESCO Residential Securities Corporation (the "Depositor"), AMRESCO Residential Capital Markets, Inc. (the "Seller"), and AMRESCO Residential Securities Corporation Mortgage Loan Trust 1996-5 (the "Purchaser") pursuant to the Pooling and Servicing Agreement dated as of December 1, 1996 among the Depositor, the Seller, Option One Mortgage Corporation and Advanta Mortgage Corp. U.S.A., as Servicers and The Chase Manhattan Bank as Trustee (the "Pooling and Servicing Agreement"), hereby confirm their understanding with respect to the sale by the Seller and the purchase by the Depositor and the sale by the Depositor and the purchase by the Purchaser of those Mortgage Loans (the "Subsequent Mortgage Loans") listed on the attached Schedules of Mortgage Loans.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!