Loans Sold definition

Loans Sold. As Is" and Without Recourse

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Loans Sold. “As Is” and Without Recourse 6.1. Loans Sold “As Is”; No Warranties or Representations 6.2. No Warranties or Representations with Respect to Escrow Accounts 6.3. No Warranties or Representations as to Amounts of Unfunded Principal 6.4. Disclaimer Regarding Calculation or Adjustment of Interest on any Loan

Loans Sold. I As Is" 6. No Warranties or Representations with Respect to Escrow Accounts 6. No Warranties or Representations as to Amounts of Unfunded Principal 6. DisclaimerRegarding Calculation or Adjustment of Interest on any Loan 6. No Warranties or Representations with Regard to Due Diligence Data 6. Buyer's Waiver of Cause of Action 6. Intervening or Missing Assignments 6. No Warranties or Representations as to Documents

Examples of Loans Sold in a sentence

• Representing Certain Interests Relating to two Pools of Home Equity Loans Sold and Serviced by (This certificate does not represent an interest in, or an obligation of, nor are the underlying Home Equity Loans insured or guaranteed by, CHEC Funding, LLC, ▇▇▇▇▇▇▇ Street Funding II, LLC or Centex Home Equity Company, LLC, a Delaware limited liability company, formerly Centex Credit Corporation, a Nevada corporation.

• Exclusions: Balloon Loans, Sold after the date of sale, exotic vehicles and salvaged vehicles.

• CENTEX HOME EQUITY LOAN TRUST 2000-__ HOME EQUITY LOAN ASSET-BACKED CERTIFICATE CLASS R (RESIDUAL INTEREST) Representing Certain Interests Relating to two Pools of Home Equity Loans Sold and Serviced by CENTEX CREDIT CORPORATION d/b/a CENTEX HOME EQUITY CORPORATION (This certificate does not represent an interest in, or an obligation of, nor are the underlying Home Equity Loans insured or guaranteed by CHEC Funding, LLC or Centex Credit Corporation d/b/a Centex Home Equity Corporation.

More Definitions of Loans Sold

Loans Sold. “As Is” and Without Recourse 6.1. Loans Sold “As Is.” THE LOANS ARE SOLD "AS IS" AND "WITH ALL FAULTS," WITHOUT ANY REPRESENTATION, WARRANTY OR RECOURSE WHATSOEVER AS TO EITHER COLLECTIBILITY, CONDITION, FITNESS FOR ANY PARTICULAR PURPOSE, MERCHANTABILITY OR ANY OTHER WARRANTY, EXPRESS OR IMPLIED. SELLER SPECIFICALLY DISCLAIMS ANY WARRANTY, GUARANTY OR REPRESENTATION, ORAL OR WRITTEN, PAST OR PRESENT, EXPRESS OR IMPLIED, CONCERNING THE LOANS, THE STRATIFICATION OR PACKAGING OF THE LOANS, THE COLLATERAL OR THE COLLATERAL DOCUMENTS. 6.2. No Warranties or Representations with Respect to Escrow Accounts and Security Deposits. Seller makes no warranties or representation of any kind or nature as to (i) the sufficiency of funds held in any escrow account or security deposit to discharge any obligations related in any manner to an escrow obligation or a lease, (ii) the accuracy of the amount of any monies held in any escrow account or security deposit, or (iii) the propriety of any previous disbursements or payments from any escrow account or security deposit.