Conversion to Fixed Interest Rate. Except as expressly approved in writing by Buyer, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Five Oaks Investment Corp.), Master Repurchase Agreement (First NLC Financial Services Inc)
Conversion to Fixed Interest Rate. Except as expressly approved in writing by Buyer, with With respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 2 contracts
Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.), Master Repurchase Agreement (MortgageIT Holdings, Inc.)
Conversion to Fixed Interest Rate. Except as expressly approved in writing by Buyer, with With respect to adjustable rate Mortgage Adjustable Rate Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage LoanLoan unless otherwise disclosed to Buyer on the related Loan Schedule.
Appears in 1 contract
Samples: Master Repurchase Agreement (New York Mortgage Trust Inc)
Conversion to Fixed Interest Rate. Except as expressly approved in writing by Buyer, with With respect to --------------------------------- adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 1 contract
Samples: Master Loan and Security Agreement (New Century Financial Corp)
