Exhibit 10.19
AMENDMENT TO
UNDERWRITING SERVICES AGREEMENT
This Amendment to Underwriting Services Agreement (the "Amendment") is
entered into between E-LOAN, a California corporation, located at 0000 Xxxxxxx
Xxxxxxx, Xxxxxx, XX 00000 ("E-Loan"), and PMI MORTGAGE SERVICES CO., a
California corporation, located at 000 Xxxxxxxxxx Xxxxxx, Xxx Xxxxxxxxx, XX
00000 ("PMI").
WHEREAS, PMI and E-Loan entered into an Underwriting Services Agreement
(the "Agreement") on or about June 11, 1998 and
WHEREAS, PMI and E-Loan wish to amend the Agreement with respect to the
underwriting, guidelines and to the Review Fees payable and under the Agreement;
NOW, THEREFORE, PMI and E-Loan agree to amend the Agreement on the
following terms and conditions.
1. Exhibit A is amended to include the following: HOMESIDE LENDING, INC.
("HOMESIDE")
2. Exhibit G of the Agreement is hereby amended to read as follows:
"REVIEW FEES. The Review Fee for each Mortgage Loan Package submitted
hereunder shall be as follows:
(i) for those Mortgage Loan Packages underwritten under
the Agency Underwriting Guidelines for which Mortgage
Insurance is not issued, the Review Fee shall be
Sixty Dollars ($60.00), and the Review Fee for those
Mortgage Loan Packages underwritten under the Agency
Underwriting Guidelines for which Mortgage Insurance
is requested shall be Twenty-Five Dollars ($25.00).
(ii) for those Mortgage Loan Packages underwritten under
the Platinum Plus Underwriting Guidelines for which
Mortgage Insurance is not issued, Review Fee shall be
Sixty Dollars ($60.00), and the Review Fee for those
Mortgage Loan Packages underwritten under the
Platinum Plus Underwriting Guidelines for which
Mortgage Insurance is requested shall be Twenty-Five
Dollars ($25.00)."
3. This Amendment shall become effective as of the date of the last party to
sign.
Exhibit 10.19
4. Except as amended hereby, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties have caused their duly authorized
officers to execute this instrument on the date set forth below.
E-LOAN PMI MORTGAGE SERVICES CO.
/S/ XXXXXX X. XXXXXXX /S/ ILLEGIBLE
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By: XXXXXX X. XXXXXXX By: Xxxx Xxxxxxx
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Its: DIRECTOR, MORTGAGE BANKING Its: National Underwriting Vice President
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Date: July 30, 1998 Date: July 31, 1998
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