Common use of Negative Amortization Clause in Contracts

Negative Amortization. With respect to each Mortgage Loan which is a Second Lien, the related first lien does not permit negative amortization. (ggg)

Appears in 1 contract

Sources: Master Mortgage Loan Purchase and Servicing Agreement (Jpmac 2006-Cw1)

Negative Amortization. With respect to each Mortgage Loan which is a Second Lien, the related first lien does not permit negative amortization. (ggg).

Appears in 1 contract

Sources: Pooling and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2007-He1)