GMAC MORTGAGE, LLC, as Seller and Servicer, WALNUT GROVE MORTGAGE LOAN TRUST 2003-A,Mortgage Loan Purchase Agreement • December 21st, 2006 • GMACM Home Equity Loan Trust 2006-He5 • Asset-backed securities • New York
Contract Type FiledDecember 21st, 2006 Company Industry JurisdictionThis Mortgage Loan Purchase Agreement (the "Agreement"), dated as of November 29, 2006, is made among GMAC Mortgage, LLC, as seller ("GMACM") and as servicer (in such capacity, the "Servicer"), Walnut Grove Mortgage Loan Trust 2003-A, as seller ("WG Trust 2003" and, together with GMACM, each a "Seller" and collectively, the "Sellers"), Residential Asset Mortgage Products, Inc., as purchaser (the "Purchaser"), GMACM Home Equity Loan Trust 2006-HE5, as issuer (the "Issuer"), and The Bank of New York Trust Company, N.A., as indenture trustee (the "Indenture Trustee"). WITNESSETH: WHEREAS, GMACM, in the ordinary course of its business acquires and originates home equity loans and acquired or originated all of the home equity loans listed on the Mortgage Loan Schedule attached as Exhibit 1 hereto (the "Initial Mortgage Loans"); WHEREAS, GMACM sold a portion of the Initial Mortgage Loans (the "WG Trust 2003 Initial Mortgage Loans") and intends to sell a portion of the Subsequent Mortgage Loa