Common use of Length of Employment Clause in Contracts

Length of Employment. Borrower The number of years of service with the borrower’s current employer as of the date of the loan. Borrower Qualification Numeric – Decimal 3.5 99.99 Always >=0 99 = Retired, None employment income soure (social security, trust income, dividends, etc.)

Appears in 125 contracts

Samples: Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-1), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2013-1), Assignment of Representations and Warranties Agreement (Sequoia Mortgage Trust 2013-1)

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Length of Employment. Borrower The number of years of service with the borrower’s current employer as of the date of the loan. Borrower Qualification Numeric – Decimal 3.5 99.99 Always >=0 99 = Retired, None employment income soure (social security, trust income, dividends, etc.)99.99

Appears in 4 contracts

Samples: Representations and Warranties Agreement, Assignment of Representations and Warranties Agreement, Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2012-3)

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Length of Employment. Borrower The number of years of service with the borrower’s current employer as of the date of the loan. Borrower Qualification Numeric – Decimal 3.5 99.99 Always >=0 99 = Retired, None employment income soure (social security, trust income, dividends, etc.)0

Appears in 2 contracts

Samples: Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2011-1), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2011-1)

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