Mortgage Interest Rate. The Mortgage Interest Rate on the Mortgage Loan is calculated on the basis of a year of 360 days with twelve 30-day months.
Appears in 3 contracts
Samples: Von Karman (New Century Financial Corp), Purchase and Servicing Agreement (Accredited Home Lenders Holding Co), Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)
Mortgage Interest Rate. [The Mortgage Interest Rate on the Mortgage Loan is calculated on the basis of a year of 360 days with twelve 30-day months.] (uu) [Reserved].
Appears in 1 contract
Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)
