Prepayment Penalty. No Mortgage Loan originated prior to October 1, 2002 will impose prepayment penalties for a term in excess of five years after origination.
Appears in 13 contracts
Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2007-5), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-12)
Prepayment Penalty. No Mortgage Loan originated prior to October 1, 2002 will impose has a prepayment penalties for a term penalty period in excess of five years years, and no Mortgage Loan originated on or after origination.October 1, 2002 has a prepayment penalty period in excess of three years;
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Series 2003 Nc2), Pooling and Servicing Agreement (Morgan Stanley Abs Cap I Inc MRT PSS THR Cert Ser 2002-Nc6), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Cap I MRT Ps THR CRT Ser 2003 Nc1)
Prepayment Penalty. No Mortgage Loan originated on or after October 1, 2002 will impose a prepayment premium for a term in excess of three years after its origination. No Mortgage Loan originated prior to October 1, 2002 2002, will impose a prepayment penalties premium for a term in excess of five years after its origination.;
Appears in 1 contract
