Concentration. The Servicer shall arrange for sales of Mortgage Loans to assure that the Outstanding Purchase Price of Mortgage Loans payable by a single obligor shall not exceed two percent (2%) of the aggregate Outstanding Purchase Price of all Mortgage Loans owned by the Purchaser at any time.
Appears in 1 contract
Sources: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)
Concentration. The Servicer shall arrange for sales of Mortgage Loans to assure ensure that the Outstanding Purchase Price of Mortgage Loans payable by a single obligor shall not exceed two percent (2%) of the aggregate Outstanding Purchase Price of all Mortgage Loans owned by the Purchaser Issuer at any time.
Appears in 1 contract
Sources: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)
Concentration. The Servicer shall arrange for sales of Mortgage Loans to assure that the Outstanding Purchase Price of Mortgage Loans payable by a single obligor shall not exceed two percent (2%) of the aggregate Outstanding Purchase Price of all Mortgage Loans owned by the Purchaser at any time.
Appears in 1 contract
Sources: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)