Examples of Xxxxxx’x Gate in a sentence
Any notices or other communications permitted or required under the Agreement to be made to JPMorgan Acquisition, the Depositor, the Trustee, PHH, Xxxxxx’x Gate and the Servicer shall be made in accordance with the terms of the Agreement and shall be sent to the Depositor and Trustee as follows: In the case of JPMorgan Acquisition: X.X. Xxxxxx Mortgage Acquisition Corp.
It is understood and agreed that the obligation of PHH Mortgage or Xxxxxx’x Gate, as applicable, to cure or to repurchase (or to substitute for) any Loan as to which a document is missing, a material defect in a constituent document exists or as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such omission, defect or breach available to the Trustee and the Certificateholders.
Very truly yours, Name: Title: Amended and Restated Mortgage Loan Flow Purchase, Sale & Servicing Agreement, dated as of January 1, 2006, between X.X. Xxxxxx Mortgage Acquisition Corp., as the Purchaser and PHH Mortgage Corporation (formerly known as Cendant Mortgage Corporation) and Xxxxxx’x Gate Residential Mortgage Trust (formerly known as Cendant Residential Mortgage Trust), as the Sellers.
For the month of substitution, distributions to Certificateholders shall reflect the Monthly Payment due on such Deleted Loan on or before the Due Date in the month of substitution, and PHH Mortgage or Xxxxxx’x Gate, as applicable, shall thereafter be entitled to retain all amounts subsequently received in respect of such Deleted Loan.
Re: The Mortgage Loan Flow Purchase, Sale and Servicing Agreement dated as of January 1, 2006 between RWT Holdings, Inc., as Purchaser; PHH Mortgage Corporation and Xxxxxx’x Gate Residential Mortgage Trust, as Sellers; and Redwood Trust, Inc.
In lieu of repurchasing any such Loan as provided above, if so provided in the Mortgage Loan Purchase and Servicing Agreement, PHH Mortgage (or Xxxxxx’x Gate, with respect to any breach of a representation, warranty or covenant related to title made by Xxxxxx’x Gate) may cause such Loan to be removed from the Trust Fund (in which case it shall become a Deleted Loan) and substitute one or more Substitute Loans in the manner and subject to the limitations set forth in Section 2.3(b).
This Certificate is primarily backed by the Loans sold by PHH Mortgage Corporation and Xxxxxx’x Gate Residential Mortgage Trust to the Depositor.
The Mortgage Loans that Xxxxxx’x Gate is selling to Purchaser were originated by or on behalf of PHH Mortgage and subsequently assigned to Xxxxxx’x Gate.
The Loans were sold by PHH Mortgage Corporation and Xxxxxx’x Gate Residential Mortgage Trust to the Depositor.
Xxxxxx’x Gate is engaged in the business of purchasing such mortgage loans from PHH Mortgage and selling same to investors.