AMENDMENT NUMBER ONE to the MASTER REPURCHASE AGREEMENT Dated as of December 9, 2010, among PENNYMAC CORP., as a Seller PENNYMAC MORTGAGE INVESTMENT TRUST HOLDINGS I, LLC, as a Seller PENNYMAC LOAN SERVICES, LLC, as Servicer and CITIBANK, N.A., as BuyerMaster Repurchase Agreement • March 3rd, 2011 • PennyMac Mortgage Investment Trust • Real estate investment trusts • New York
This AMENDMENT NUMBER ONE (this “Amendment Number One”) is made this 25th day of February, 2011 among PENNYMAC CORP. (“PennyMac”) and PENNYMAC MORTGAGE INVESTMENT TRUST HOLDINGS I, LLC (“PMIT Holdings” and together with PennyMac, jointly and severally, the “Seller” or “Sellers”), PENNYMAC LOAN SERVICES, LLC (“Servicer”) and CITIBANK, N.A. (“Buyer”), to the Master Repurchase Agreement, dated as of December 9, 2010, among Sellers, Servicer and Buyer, as such agreement may be amended from time to time (the “Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Agreement.
