BUYER AUTHORIZATIONS. Any of the persons whose signatures and titles appear below, including any other authorized officers, are authorized, acting singly, to act for Buyer under this Agreement: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Managing Director ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Managing Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director ▇▇▇▇▇ ▇▇▇▇▇ Executive Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director Arat Apik Executive Director ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇ ▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇ ▇▇▇▇▇▇▇ Vice President Any of the persons whose signatures and titles appear below are authorized, acting singly, to act for JPMorgan Chase Bank, N.A. (“JPMCB”) under this Agreement in connection with the authorization of the release of (i) JPMCB’s security interest with respect to mortgage loans or other residential assets, or any interests therein, arising under this Agreement, and (ii) mortgage loan documents and similar collateral files from document custodians. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇ Associate ▇▇▇▇▇ ▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇▇▇ Associate Scarlett Fan Associate ▇▇▇▇▇ Money Associate ▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇ ▇▇▇▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Associate Seller: QL ▇▇▇▇▇▇ ▇▇▇, LLC REO Subsidiary: QL ▇▇▇▇▇▇ REO, LLC Guarantor: Rocket Mortgage, LLC JPMorgan Chase Bank, National Association ________ __, _____ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: [***] Confirmation No.:_____________________ Ladies/Gentlemen: This letter confirms our oral agreement to purchase from you the Mortgage Loans listed in Appendix I hereto, pursuant to the Amended and Restated Master Repurchase Agreement governing purchases and sales of Mortgage Loans among you, QL ▇▇▇▇▇▇ REO, LLC, Rocket Mortgage, LLC, as owner, servicer and guarantor, and us, dated as of May 31, 2024 (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), as follows: Purchase Date: ________ __, _____ Mortgage Loans to be Purchased: See Appendix I hereto. [Appendix I to Confirmation Letter will list Mortgage Loans] Aggregate Principal Amount of Purchased Assets: Asset Value: Purchase Price: Repurchase/Release Date: Repurchase/Release Price: Names and addresses for communications: Buyer: JPMorgan Chase Bank, National Association ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: [***] Email: [***] CC: [***] Seller: QL ▇▇▇▇▇▇ ▇▇▇, LLC c/o Rocket Mortgage, LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Detroit, Michigan 48226 Attention: [***] Email: [***] With a copy to: QL ▇▇▇▇▇▇ ▇▇▇, LLC c/o Rocket Central LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Detroit, Michigan 48226 Attention: [***] Email: [***] [FOR SIMULTANEOUS FUNDED MORTGAGE LOANS. SUBJECT TO REVISION.] [Buyer’s agreement to purchase the Mortgage Loans listed in Appendix I hereto is subject to the satisfaction, immediately prior to or concurrently with the making of such purchase and sale, of the following conditions precedent:
Appears in 1 contract
Sources: Master Repurchase Agreement (Rocket Companies, Inc.)
BUYER AUTHORIZATIONS. Any of the persons whose signatures and titles appear below, including any other authorized officers, are authorized, acting singly, to act for Buyer under this Agreement: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Managing Director ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Managing Director ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Executive Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director ▇▇▇▇▇ ▇▇▇▇▇ Executive Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director Arat Apik ▇▇▇▇▇▇▇ ▇▇▇▇ Executive Director ▇▇▇▇▇ ▇▇▇ Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇ ▇▇▇▇▇▇ Vice President ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Vice President ▇▇▇▇▇ ▇▇▇ Vice President Arat Apik Executive Director ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Vice President [continued on the following page] Any of the persons whose signatures and titles appear below are authorized, acting singly, to act for JPMorgan Chase Bank, N.A. (“JPMCB”) under this Agreement in connection with the authorization of the release of (i) JPMCB’s security interest with respect to mortgage loans or other residential assets, or any interests therein, arising under this Agreement, and (ii) mortgage loan documents and similar collateral files from document custodians. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇ Associate ▇▇▇▇▇ ▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇▇▇ Associate Scarlett Fan Associate ▇▇▇▇▇ Money Associate ▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇ ▇▇▇▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇▇▇ Associate Scarlett Fan Associate ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Associate Seller: QL ▇▇▇▇▇ ▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇, LLC REO Subsidiary: QL ▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇▇ REO, LLC Guarantor: Rocket Mortgage, LLC ▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Associate ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇▇▇ Associate ▇▇▇ ▇▇▇▇▇▇▇ Associate ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Operations Supervisor ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ Vice President JPMorgan Chase Bank, National Association ________ __Association, _____ as Buyer ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇New York, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ AttentionNew York 10179 Re: [***] Confirmation No.:_____________________ Ladies/Gentlemen: This letter confirms our oral agreement to purchase from you the Mortgage Loans listed in Appendix I hereto, pursuant to the Amended and Restated Master Repurchase Agreement governing purchases and sales of Mortgage Loans among you, QL ▇▇▇▇▇▇ REO, LLC, Rocket Mortgage, LLC, as owner, servicer and guarantor, and us, dated as of May 31, 2024 (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), as follows: Purchase Date: ________ __, _____ Mortgage Loans to be Purchased: See Appendix I hereto. [Appendix I to Confirmation Letter will list Mortgage Loans] Aggregate Principal Amount of Purchased Assets: Asset Value: Purchase Price: Repurchase/Release Date: Repurchase/Release Price: Names and addresses for communications: Buyer: JPMorgan Chase Bank, National Association ▇▇▇ ▇among QL ▇▇▇▇▇▇ ▇▇▇, LLC (“Seller”), QL ▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ REO, LLC (“REO Subsidiary”, and together with Seller, the “Seller Parties”), Rocket Mortgage, LLC (“Guarantor”) and JPMorgan Chase Bank, National Association (the “Buyer”) Pursuant to the Agreement, Buyer may, from time to time, make payments to Seller or Seller’s designee. The undersigned hereby certifies that the following individuals, specified as “Authorized Individuals for Payment Instructions”, are authorized to (i) provide payment instructions with respect to the transfers of Purchase Price in connection with a Transaction or any other payments by Buyer under the Agreement, and (ii) confirm payment instructions pursuant to any call-back verifications initiated by Buyer. Any changes to the list of Authorized Individuals for Payment Instructions described below must be supplied to Buyer in writing signed by ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention. Authorized Individuals for Payment Instructions (minimum three required): Name: [***] Title: [***] Email: [***] CCPhone: [***] SellerName: Title: Email: Phone: Name: [***] Title: [***] Email: [***] Phone: [***] Name: Title: Email: Phone: Name: [***] Title: [***] Email: [***] Phone: [***] Name: Title: Email: Phone:
4-1 Acknowledged by:
1. Seller shall remit to Buyer the balance of funds required to effectuate the purchase and sale of the related Mortgage Loans;
2. Buyer shall wire the Purchase Price to the Agency Account on the Purchase Date;
3. Custodian shall provide Buyer and Seller with a Notice of Intent to issue a Trust Receipt on the Purchase Date; and
4. Following transfer of the Purchase Price into the Agency Account, but no later than 6:00 p.m. (New York City time) on the Purchase Date, Seller shall provide written confirmation via e-mail to Buyer that Seller has completed the purchase and sale of the Mortgage Loans.
5. Notwithstanding anything to the contrary set forth herein or in any other Facility Document, in the event the Purchase Price is deposited into the Agency Account but the purchase is not completed on the Purchase Date, Seller shall transfer the Purchase Price back to Buyer at its designated account no later than one (1) Business Day following such Purchase Date.] Agreed and Acknowledged: JPMORGAN CHASE BANK, NATIONAL ASSOCIATION By: Name: Title: QL ▇▇▇▇▇▇ ▇▇▇, LLC c/o Rocket Mortgage, LLC ▇By: Name: Title: Seller: [***] ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Detroit, Michigan 48226 Attention: [***] EmailGuarantor: [***] With a copy to: QL ▇▇▇▇▇▇ ▇▇▇, LLC cLoan Number Borrower First Name Borrower Last Name Address City State Zip Code As Of Date UPB Current Rate Current LTV Lien Position Loan Status Next Pmt Due P+I Pmt Most Recent Prop Value Most Recent Prop Value Date Property Valuation Type Property Value Provider Int Only Flag Int Only End Date Balloon Pmt DTI Loan Purpose Units Property Type Occupancy Note Date First Pay Date Maturity Date FICO OG Balance OG Rate OG Term OG P+I Pmt OG Prop Value OG LTV Prepay Penalty Flag ARM Flag Index Margin Periodic Cap Life Cap Floor Max Rate Modification Flag Mod Type Mod Date Mod Rate Mod P+I Pmt Deferred Balance Loan Type (FHA/o Rocket Central LLC ▇VA/USDA) FHA Case # VA # SCRA Flag BK Flag BK Chapter BK Status BK Filing Date BK Post-Petition Due FCL Flag FCL Start Date First Legal Date FCL Status FCL Complete Date Redemption End Date FCL Sale Date FCL Sale Price Convey Condition? REO Flag REO Status Conveyance Flag REO Complete Date Possession Type REO Occupancy Status Eviction Start Date Eviction Comp Date REO Sale Price Reconveyance Flag Debenture Rate Curtailment Flag Curtailment Reason P&I Advance Balance Corporate Advance Balance Escrow Advance Balance Buyout Type Buyout Date Loan ID Cut Off Date Seller Originator Servicer Servicer Loan ID MERS Loan ID Seller Loan ID MSR Owner Sub Servicer Servicing Type Servicing Fee Percentage Last Servicing Transfer Date Orign Loan Prin Bal Unpaid Int Bearing Prin Bal Total Unpaid Prin Bal Junior Loan Prin Bal at Orign Orign Date Orign First Pmt Date Maturity Date IO Flag IO Expiry Date Orign IO Term Contractual Prin and Int ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Detroit, Michigan 48226 AttentionTerm IO Flag at Orign Maturity Term Orign Balloon Term Balloon Date Orign Mortgage Rate Mortgage Rate ARM Index ARM Margin ARM Initial Rate Adj Cap ARM Subs Rate Adj Cap ARM Initial Rate Adj Floor ARM Lifetime Rate Adj Cap ARM Min Rate ARM Max Rate ARM Initial Fixed Rate Period ARM Initial Rate Adj Date ARM Next Rate Adj Date ARM Subs Rate Adj Period Next Pmt Due Date Interest Paid Through Date MBA Pay String Balloon Flag Prepayment Penalty Flag Prepayment Penalty Total Term Prepayment Penalty Description ARM Flag NegAm Flag Non-QM Reason Product Type Amortization Type Loan Type Orign Channel QM Rule Version Credit Exception Flag AUS Underwrite Flag Guideline Name Lender Rate Lock Date APOR APOR Spread Primary Borrower Name: [***] EmailFirst Primary Borrower Name: [***] [FOR SIMULTANEOUS FUNDED MORTGAGE LOANS. SUBJECT TO REVISION.] [Buyer’s agreement to purchase the Mortgage Loans listed in Appendix I hereto is subject to the satisfaction, immediately prior to or concurrently with the making Last Orign Combined FICO Score Most Recent FICO Score Most Recent FICO Date Doc Type at Orign Loan Purpose Occupancy Primary Borrower Residency Status Primary Borrower Doc Verification Level at Orign Assets Liquid Cash Reserves at Orign Primary Borrower Doc Verification Level at Orign Employment Primary Borrower Length of such purchase and sale, Employment at Orign Primary Borrower Self Employed Flag Primary Borrower Doc Verification Level at Orign Income Back DTI at Orign Residual Income Self-Employment Flag First Time Home Buyer Flag Number of the following conditions precedent:Borrowers
Appears in 1 contract
Sources: Amended and Restated Master Repurchase Agreement (Rocket Companies, Inc.)
BUYER AUTHORIZATIONS. Any of the persons whose signatures and titles appear below, including any other authorized officers, are authorized, acting singly, to act for Buyer under this Agreement: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Managing Director ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Managing Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director ▇▇▇▇▇ ▇▇▇▇▇ Executive Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director ▇▇▇▇ ▇▇▇▇▇▇ Executive Director Arat Apik Executive Director ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇ ▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Vice President ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇ ▇▇▇▇▇▇▇ Vice President Any of the persons whose signatures and titles appear below are authorized, acting singly, to act for JPMorgan Chase Bank, N.A. (“JPMCB”) under this Agreement in connection with the authorization of the release of (i) JPMCB’s security interest with respect to mortgage loans or other residential assets, or any interests therein, arising under this Agreement, and (ii) mortgage loan documents and similar collateral files from document custodians. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇▇ ▇▇▇▇▇ Associate ▇▇▇▇▇ ▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇▇▇ Associate Scarlett Fan Associate ▇▇▇▇▇ Money Associate ▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Vice President ▇▇▇▇ ▇▇▇▇▇▇▇ Associate ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇ ▇▇▇▇▇▇ Associate ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Associate Seller: QL ▇▇▇▇▇▇ ▇▇▇, LLC REO Subsidiary: QL ▇▇▇▇▇▇ REO, LLC Guarantor: Rocket Mortgage, LLC The following individual(s) (“Authorized Administrators for Finance Portal Access”) are authorized, acting singly and at any time, and from time to time, to grant, remove, manage and modify the authorization of any person as a Finance Portal Approved User with authorization to access information and/or administer Transactions through the Finance Portal for or on behalf of any Seller Party including, if applicable, the authorization to provide payment instructions or approve the funding of Transactions in connection with payment instructions provided by another Finance Portal Approved User. Authorized Administrators for Finance Portal Access (minimum one required): Name: [***] Title: [***] Phone: [***] Email: [***] Name: [***] Title: [***] Phone: [***] Email: [***] Name: [***] Title: [***] Phone: [***] Email: [***] JPMorgan Chase Bank, National Association ________ __, _____ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: [***] Confirmation No.:_____________________ Ladies/Gentlemen: This letter confirms our oral agreement to purchase from you the Mortgage Loans listed in Appendix I hereto, pursuant to the Amended and Restated Master Repurchase Agreement governing purchases and sales of Mortgage Loans among you, QL ▇▇▇▇▇▇ REO, LLC, Rocket Mortgage, LLC, as owner, servicer and guarantor, and us, dated as of May 31, 2024 (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), as follows: Purchase Date: ________ __, _____ Mortgage Loans to be Purchased: See Appendix I hereto. [Appendix I to Confirmation Letter will list Mortgage Loans] Aggregate Principal Amount of Purchased Assets: Asset Value: Purchase Price: Repurchase/Release Date: Repurchase/Release Price: Names and addresses for communications: Buyer: JPMorgan Chase Bank, National Association ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: [***] Email: [***] CC: [***] Seller: QL ▇▇▇▇▇▇ ▇▇▇, LLC c/o Rocket Mortgage, LLC ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Detroit, Michigan 48226 Attention: [***] Email: [***] With a copy to: QL ▇▇▇▇▇▇ ▇▇▇, LLC c/o Rocket Central LLC RKT Holdings ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Detroit, Michigan 48226 Attention: [***] Email: [***] [FOR SIMULTANEOUS FUNDED MORTGAGE LOANS. SUBJECT TO REVISION.] [Buyer’s agreement to purchase the Mortgage Loans listed in Appendix I hereto is subject to the satisfaction, immediately prior to or concurrently with the making of such purchase and sale, of the following conditions precedent:
Appears in 1 contract
Sources: Master Repurchase Agreement (Rocket Companies, Inc.)