Certain Loan Types. No Mortgage Loan has a shared appreciation feature, or other contingent interest feature, provides for deferred interest or negative amortization. None of the Mortgaged Property is subject to a land trust.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement, Assignment and Assumption Agreement, Assignment and Assumption Agreement
Certain Loan Types. No Mortgage Loan has a shared appreciation feature, or other contingent interest feature, or provides for deferred interest or negative amortization. None of the Mortgaged Property is subject to a land trust.
Appears in 1 contract
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
