Common use of Offer Borrower Homeowner Relief Program Clause in Contracts

Offer Borrower Homeowner Relief Program. The program is based on the borrowers Hardship and their inability or desire to continue to pay on their mortgage. • The borrower is agreeing to sell their home and receive a *** cash bonus at closing from the net proceeds. • Work rules are attached to document

Appears in 2 contracts

Samples: Confidential Treatment Requested (Franklin Credit Holding Corp/De/), Servicing Agreement (Franklin Credit Holding Corp/De/)

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Offer Borrower Homeowner Relief Program. The program is based on the borrowers Hardship and their inability or desire to continue to pay on their mortgage. · The borrower is agreeing to sell their home and receive a *** or ***cash bonus (which ever is greater) at closing from the net proceeds. · Work rules are attached to document

Appears in 1 contract

Samples: Confidential Treatment Requested (Franklin Credit Holding Corp/De/)

Offer Borrower Homeowner Relief Program. The program is based on the borrowers Hardship and their inability or desire to continue to pay on their mortgage. · The borrower is agreeing to sell their home and receive a *** cash bonus at closing from the net proceeds. · Work rules are attached to document

Appears in 1 contract

Samples: Confidential Treatment Requested (Franklin Credit Holding Corp/De/)

Offer Borrower Homeowner Relief Program. The program is based on the borrowers Hardship and their inability or desire to continue to pay on their mortgage. • The borrower is agreeing to sell their home and receive a *** or *** cash bonus (which ever is greater) at closing from the net proceeds. • Work rules are attached to document

Appears in 1 contract

Samples: Servicing Agreement (Franklin Credit Holding Corp/De/)

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Offer Borrower Homeowner Relief Program. The program is based on the borrowers Hardship and their inability or desire to continue to pay on their mortgage. • The borrower is agreeing to sell their home and receive a *** or ***cash bonus (which ever is greater) at closing from the net proceeds. • Work rules are attached to document

Appears in 1 contract

Samples: Confidential Treatment Requested (Franklin Credit Holding Corp/De/)

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