MASTER AGREEMENT
Exhibit 10.10
This Master Agreement [*] (this "Agreement") dated as of June 18, 2001, (the "Agreement Date") is made by and between the Federal Home Loan Mortgage Corporation ("Xxxxxxx Mac") and E-Loan, Inc., Seller/Servicer [*] ("Seller").
Unless otherwise specified, the terms and conditions described in this Agreement shall apply to Mortgages sold by Seller under a Master Commitment that incorporates this Agreement by reference. This Agreement does not entitle Seller to sell or obligate Xxxxxxx Mac to purchase Mortgages unless they have entered into a Master Commitment incorporating the terms of this Agreement.
Master Agreement Amount: [*]
Effective Date for Delivery: June 1, 2001
Required Delivery Date: May 31, 2002
Overpurchase Tolerance: 10 percent
IN WITNESS WHEREOF, the parties hereto have caused this Master Agreement to be duly executed by their respective authorized representatives as of the date set forth above.
FEDERAL HOME LOAN MORTGAGE CORPORATION |
E-LOAN INC |
By: /s/ Xxxx Xxxxx |
By: /s/ Xxxxxx X. Xxxxxxx |
Name: Xxxx Xxxxx |
Name: Xxxxxx X. Xxxxxxx |
Title: Vice President, Sales |
Title: V.P. Secondary Mkt |