AMENDMENT NO. 1 TO PC REPURCHASE AGREEMENTPc Repurchase Agreement • August 5th, 2022 • PennyMac Financial Services, Inc. • Mortgage bankers & loan correspondents • New York
This Amendment No. 1 (this “Amendment”) to the PC Repurchase Agreement (defined below), is entered into on June 9, 2022, by and among PNMAC GMSR ISSUER TRUST (the “Buyer”), PENNYMAC LOAN SERVICES, LLC (“PLS” or the “Seller”), and PRIVATE NATIONAL MORTGAGE ACCEPTANCE COMPANY, LLC (the “Guarantor”), and is consented to by CITIBANK, N.A. (“Citibank”), as indenture trustee (the “Indenture Trustee”), CREDIT SUISSE FIRST BOSTON MORTGAGE CAPITAL LLC, as administrative agent and as noteholder of 100% of the Series 2016-MSRVF1 Note and the Series 2020-SPIADVF1 Note on behalf of VFN Buyers, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH (“CSCIB”) and CITIBANK, N.A. (“Citi Buyer”), collectively, as buyers of the 100% of the Variable Funding Notes (the “VFN Buyers”). Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the PC Repurchase Agreement.
