Calculation of interest. Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months;
Appears in 15 contracts
Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp)
Calculation of interest. Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months;.
Appears in 4 contracts
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Calculation of interest. Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve (12) thirty (30-) day months;.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (AmeriHome, Inc.)
Calculation of interest. Interest on each Underlying Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve (12) thirty (30-) day months;
Appears in 1 contract
Calculation of interest. Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months other than HELOCs, which are calculated on the basis of a 365-day year consisting of twelve 30-day months;
Appears in 1 contract
