Mortgage Loan Repurchase Agreement definition

Mortgage Loan Repurchase Agreement has the meaning assigned to the term in the Pricing Side Letter.

Mortgage Loan Repurchase Agreement means that certain Third Amended and Restated Master Repurchase Agreement, dated as of April 28, 2017, by and among CSFB, as administrative agent, CSCIB, as a committed buyer, Alpine Securitization LTD, as a buyer, PLS, as seller, and PNMAC, as guarantor, as amended, restated, supplemented or otherwise modified from time to time.

Mortgage Loan Repurchase Agreement and “Termination Date” in their entirety and replacing them with the following:

Examples of Mortgage Loan Repurchase Agreement in a sentence

• Seller and Washington Mutual are parties to a certain Mortgage Loan Repurchase Agreement dated as of May 27, 2005 (as amended or modified from time to time, the “Flex Agreement”) and related agreements, instruments and documents (collectively, with the Flex Agreement, the “Existing Purchase Documents”).

• Seller and Buyer are parties to a certain Mortgage Loan Repurchase Agreement dated as of July 11, 2011 (as amended or modified from time to time, the “Repurchase Agreement”) and related agreements, instruments and documents (collectively, with the Repurchase Agreement, the “Existing Repurchase Documents”).

• The failure by Seller to cure a Margin Deficit when due; or (r) an Event of Default (as such term is defined in the Mortgage Loan Repurchase Agreement) has occurred and is continuing under the Mortgage Loan Facility.

• In furtherance of the foregoing, upon repayment of the outstanding purchase price under the Mortgage Loan Repurchase Agreement and termination of all obligations of the buyer thereunder or other termination of the Repurchase Documents following repayment of all obligations thereunder that the Repurchase Document buyer is hereby instructed to deliver to Buyer hereunder any collateral (as such term may be defined under the Repurchase Documents) then in its possession or control.

• The parties acknowledge and agree that all Mortgage Loans subject to the Mortgage Loan Repurchase Agreement, dated as of November 30, 1995, among UBS Real Estate Securities Inc.

More Definitions of Mortgage Loan Repurchase Agreement

Mortgage Loan Repurchase Agreement means that certain Amended and Restated Master Repurchase Agreement, dated as of February 28, 2023 (as amended, restated, supplemented or otherwise modified and in effect from time to time), between the Mortgage Loan Facility Buyer, and FINANCE OF AMERICA REVERSE LLC, a Delaware limited liability company (together with its permitted successors and assigns), in its capacity as “Seller” thereunder. Agreement.

Mortgage Loan Repurchase Agreement means that certain Second Amended and Restated Master Repurchase Agreement, dated as of August 26, 2016, among CSFB, CSCIB, Alpine Securitization LTD and other buyers joined thereto from time to time and Caliber.

Mortgage Loan Repurchase Agreement means that certain Third Amended and Restated Master Repurchase Agreement, dated as of May 24, 2017, among Administrative Agent, Buyers, One Reverse Mortgage, LLC and Seller, as amended, restated, supplemented or otherwise modified from time to time.

Mortgage Loan Repurchase Agreement means that certain Fourth Amended and Restated Master Repurchase Agreement, dated as of September 9, 2020, by and among ASP, as administrative agent and a buyer, Funding 2, as a committed buyer, Atlas Securitized Products Investments 3, L.P., as a buyer, Atlas Securitized Products Funding 2, as a buyer, Seller, and PNMAC, as guarantor, as amended by the Omnibus Assignment, Assumption and Amendment, dated as of March 16, 2023, and as may be further amended, restated, supplemented or otherwise modified from time to time.

Mortgage Loan Repurchase Agreement means that certain Amended and Restated Master Repurchase Agreement, dated as of February 28, 2023 (as amended, restated, supplemented or otherwise modified and in effect from time to time), between the Mortgage Loan Facility Buyer, and FINANCE OF AMERICA REVERSE LLC, a Delaware limited liability company (together with its permitted successors and assigns), in its capacity as “Seller” thereunder. “Non-Excluded Taxes” shall have the meaning set forth in Section 7(a) of this Agreement. “Non-Exempt Buyer” shall have the meaning set forth in Section 7(e) of this Agreement. “Nondefaulting Party” shall have the meaning set forth in Section 30 of this Agreement. “Obligations” shall mean (a) any amounts owed by Seller to Buyer in connection with a Transaction hereunder, together with interest thereon (including interest which would be payable as post-petition interest in connection with any bankruptcy or similar proceeding) and all other fees or Expenses which are payable hereunder or under any of the Program Documents; (b)

Mortgage Loan Repurchase Agreement means that certain Second Amended and Restated Master Repurchase Agreement, dated as of May 9, 2018, by and among AmeriHome, as seller, AHMC Holding I LLC, as REO subsidiary, CSFB, as administrative agent, Credit Suisse AG, acting through its Cayman Islands Branch, as a buyer, and Alpine Securitization LTD, as a buyer, and other buyers from time to time.

Mortgage Loan Repurchase Agreement. An agreement whereby Purchaser agrees to purchase certain residential mortgage loans from Seller subject to an obligation of Seller to repurchase such mortgage loans.