Common use of Buydown Period Clause in Contracts

Buydown Period. The period of time when a Buydown Agreement is in effect with respect to a related Buydown Mortgage Loan. Code: The Internal Revenue Code of 1986, as it may be amended from time to time or any successor statute thereto, and applicable U.S. Department of the Treasury regulations issued pursuant thereto. Commission: The United States Securities and Exchange Commission.

Appears in 5 contracts

Samples: Servicing Agreement (Luminent Mortgage Trust 2007-2), Reconstituted Servicing Agreement (HSI Asset Securitization CORP Trust 2006-He1), Servicing Agreement (HSI Asset Securitization CORP Trust 2007-Nc1)

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