MASTER REPURCHASE AGREEMENT Between: ROYAL BANK OF CANADA, as Buyer and PENNYMAC LOAN SERVICES, LLC, as SellerMaster Repurchase Agreement • September 22nd, 2016 • Pennymac Financial Services, Inc. • Mortgage bankers & loan correspondents • New York
This is a MASTER REPURCHASE AGREEMENT, dated as of September 19, 2016, between PENNYMAC LOAN SERVICES, LLC, a limited liability company of the State of Delaware (including its successors in interest and permitted assigns, the “Seller”) and ROYAL BANK OF CANADA, a Canadian chartered bank, acting through a New York Branch (including its successors in interest and permitted assigns and, with respect to Section 7, its participants, the “Buyer”).
