Common use of No Construction Loans Clause in Contracts

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;

Appears in 109 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through Certificates, Series 2005-Wf2), Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-4), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2007-4)

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No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage LoanProperty;

Appears in 95 contracts

Samples: Assumption and Recognition Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26), Assignment and Assumption (Structured Adjustable Rate Mortgage Loan Trust Series 2006-3), Reconstituted Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Cer Se 2002-2)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;

Appears in 57 contracts

Samples: And Servicing Agreement (GSR Mortgage Loan Trust 2007-2f), Master Bulk Sale and Servicing Agreement (Banc of America Funding Corp), Sale and Servicing Agreement (ABFC 2006-Opt2 Trust)

No Construction Loans. No Mortgage Loan was made in connection with (i1) the construction or rehabilitation of a Mortgage Property or (ii2) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;

Appears in 30 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ar4), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-He3), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe2)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or Cooperative Unit, as applicable or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage LoanProperty;

Appears in 29 contracts

Samples: Warranties and Servicing Agreement (Lehman XS Trust Series 2006-14n), Reconstituted Servicing Agreement (Lehman XS Trust 2007-1), Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3)

No Construction Loans. No Mortgage Loan was made in connection with (ia) the construction or rehabilitation of a Mortgage Mortgaged Property or (iib) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage LoanProperty;

Appears in 16 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (WMC Finance Co), Master Repurchase Agreement

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;; (hh)

Appears in 13 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Passthr Certs Ser 2003-38), Reconstituted Servicing Agreement (Sasco 2006-Wf1), Reconstituted Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-trade in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property.

Appears in 11 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property.

Appears in 7 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (Five Oaks Investment Corp.), Bulk Servicing Rights Purchase and Sale Agreement (Ocwen Financial Corp), Assignment and Assumption and Recognition Agreement (Jpmac 2006-Fre2)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property. mm.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Jpmac 2006-Ch2), Pooling and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2007-Ch4), Pooling and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2007-Ch5)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property. (mm)

Appears in 5 contracts

Samples: Mortgage Loan Sale and Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-A2), Pooling and Servicing Agreement (Jpmac 2006-Wmc2), Pooling and Servicing Agreement (Jpmac 2006-Wmc1)

No Construction Loans. No The Mortgage Loan was not made in connection with (ia) the construction or rehabilitation of a Mortgage Mortgaged Property or (iib) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property.

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (iia) facilitating the trade-in or exchange of a Mortgaged Property other than or (b) the construction or rehabilitation of a Mortgaged Property, unless the Mortgage Loan is a construction-to-permanent mortgage loan listed on the Seller Asset Schedule which has converted to been fully disbursed, all construction work is complete and a permanent Mortgage Loancompletion certificate has been issued;

Appears in 4 contracts

Samples: Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (ECC Capital CORP)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property Property, other than a construction-to-construction to permanent loan which has converted to a permanent Mortgage Loan;

Appears in 4 contracts

Samples: Custodial Agreement (GSR Mortgage Loan Trust 2006-9f), Custodial Agreement (GSR Mortgage Loan Trust 2007-4f), Custodial Agreement (STARM Mortgage Loan Trust 2007-1)

No Construction Loans. No Mortgage Loan was made in connection with to (ia) the construction or rehabilitation of a Mortgage Property or (ii) facilitating facilitate the trade-in or exchange of a Mortgaged Property other than or (b) finance the construction or rehabilitation of a Mortgaged Property, unless the Mortgage Loan is a construction-to-permanent mortgage loan which has converted to been fully disbursed, all construction work is complete and a permanent Mortgage Loancompletion certificate has been issued;

Appears in 4 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley ABS Capital I Inc. IXIS Real Estate Capital Trust 2007-He1), Assignment and Recognition Agreement (Natixis Real Estate Capital Trust 2007-He2), Assignment and Recognition Agreement (Morgan Stanley Ixis Real Estate Capital Trust 2006-2)

No Construction Loans. No Mortgage Loan was made in connection with (ia) the construction or rehabilitation of a Mortgage Mortgaged Property or (iib) facilitating the trade-in trade‑in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (iia) facilitating the trade-in or exchange of a Mortgaged Property other than or (b) the construction or rehabilitation of a Mortgaged Property, unless the Mortgage Loan is a construction-to-permanent mortgage loan listed on the Mortgage Loan Schedule which has converted to been fully disbursed, all construction work is complete and a permanent Mortgage Loancompletion certificate has been issued;

Appears in 4 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley ABS Capital I Inc. IXIS Real Estate Capital Trust 2007-He1), Assignment and Recognition Agreement (Morgan Stanley Ixis Real Estate Capital Trust 2006-2), Assignment and Recognition Agreement (Natixis Real Estate Capital Trust 2007-He2)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;; (jj)

Appears in 4 contracts

Samples: Warranties and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar5), Warranties and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-2), Warranties and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-2)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;. (jj)

Appears in 3 contracts

Samples: Warranties and Servicing Agreement (MASTR Alternative Loan Trust 2006-1), Warranties and Servicing Agreement (MASTR Asset Backed Securities Trust 2006-Ab1), Warranties and Servicing Agreement (MASTR Asset Securitization Trust 2006-2)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgaged Property, other than in the case of certain home improvements in connection with cash-out refinance Mortgage Property Loans or (ii) facilitating the trade-in or exchange of a Mortgaged Property Property, other than a construction-to-construction to permanent loan which has converted to a permanent Mortgage Loan;

Appears in 2 contracts

Samples: Custodial Agreement (GSR Mortgage Loan Trust 2006-Ar1), Custodial Agreement (GSR 2006-Ar2)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-trade in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Jpmac 2006-Acc1), Master Mortgage Loan Purchase (J.P. Morgan Mortgage Trust 2006-A1)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (iia) facilitating the trade-in or exchange of a Mortgaged Property other than or (b) the construction or rehabilitation of a construction-to-permanent loan which has converted to a permanent Mortgage LoanMortgaged Property;

Appears in 2 contracts

Samples: Loan Sale Agreement (MortgageIT Holdings, Inc.), Master Repurchase Agreement (Impac Mortgage Holdings Inc)

No Construction Loans. No Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no Mortgage Loan was made in connection with (ia) the construction or rehabilitation of a Mortgage Mortgaged Property or (iib) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property.

Appears in 2 contracts

Samples: Servicing Agreement (Thornburg Mortgage Securities Trust 2006-1), Servicing Agreement (J.P. Morgan Mortgage Trust 2006-A1)

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No Construction Loans. No Except with respect to Construction to Permanent Mortgage Loans, no Mortgage Loan was made in connection with (ia) the construction or rehabilitation of a Mortgage Mortgaged Property or (iib) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage LoanProperty;

Appears in 2 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp)

No Construction Loans. No Mortgage Loan was made in connection with (ia) the construction or rehabilitation of a Mortgage Mortgaged Property or (iib) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property.

Appears in 2 contracts

Samples: Master Repurchase Agreement (AmeriHome, Inc.), Master Repurchase Agreement (Angel Oak Mortgage, Inc.)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;; (kk)

Appears in 2 contracts

Samples: Warranties and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2006-Wf1), Warranties and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-A1)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-trade in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property. (yy)

Appears in 1 contract

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

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in trade_in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage LoanProperty;

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-14)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;; (ll)

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage LoanProperty;

Appears in 1 contract

Samples: Master Mortgage Loan Purchase and Warranties Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2002 4h)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than or (ii) the construction or rehabilitation of a Mortgaged Property unless (a) the Mortgage Loan was identified as a construction-to-permanent mortgage loan which on the Mortgage Loan Schedule and (b) the Mortgage Loan has converted to been fully disbursed, all construction work is complete and a permanent Mortgage Loancompletion certificate has been issued;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;; (jj)

Appears in 1 contract

Samples: Agreement (Structured Asset Securities Corp Trust 2005-6)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property. kk.

Appears in 1 contract

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

No Construction Loans. No Mortgage Loan was made in --------------------- connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;Property; (oo)

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Structured Asset Securities Corporation)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;; and

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

No Construction Loans. No Underlying Mortgage Loan was made in connection with (ia) the construction or rehabilitation of a Mortgage Mortgaged Property or (iib) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage LoanProperty;

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

No Construction Loans. No Mortgage Loan was made in connection with (i) the construction or rehabilitation of a Mortgage Mortgaged Property or (ii) facilitating the trade-in or exchange of a Mortgaged Property other than a construction-to-permanent loan which has converted to a permanent Mortgage Loan;.

Appears in 1 contract

Samples: Master Repurchase Agreement (Radian Group Inc)

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