RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.Home Loan Purchase Agreement • April 13th, 2007 • Home Loan Trust 2007-Hi1 • Asset-backed securities • New York
This HOME LOAN PURCHASE AGREEMENT (this "Agreement" or "Home Loan Purchase Agreement"), dated as of March 1, 2007, is made between Residential Funding Company, LLC (the "Seller") and Residential Funding Mortgage Securities II, Inc. (the "Purchaser"). W I T N E S S E T H : WHEREAS, the Seller owns Home Loans and the Related Documents for the Home Loans indicated on the Home Loan Schedule attached as Exhibit A hereto (collectively, the "Home Loans"), including rights to (a) any property acquired by foreclosure or deed in lieu of foreclosure or otherwise, and (b) the proceeds of any insurance policies covering the Home Loans; WHEREAS, the parties hereto desire that the Seller sell the Home Loans to the Purchaser pursuant to the terms of this Agreement together with the Related Documents on the Closing Date; WHEREAS, pursuant to the terms of the Trust Agreement, the Purchaser will sell the Home Loans to the Issuer in exchange for the Securities; WHEREAS, pursuant to the terms of the Trust
as Purchaser andHome Loan Purchase Agreement • April 16th, 1999 • Bear Stearns Asset Backed Securities Inc • Asset-backed securities • New York
