Common use of REMIC Status Clause in Contracts

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REMIC Status. The Mortgage Loan is a qualified mortgage for inclusion in a "real estate mortgage investment conduit" for federal income tax purposes;

Appears in 9 contracts

Samples: Reconstituted Servicing Agreement (Lehman Mortgage Trust 2007-5), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Lehman XS Trust Series 2007-15n), Lehman Brothers (Structured Adjustable Rate Mortgage Loan Trust Series 2007-5)

REMIC Status. The Mortgage Loan is a qualified mortgage for inclusion in a "real estate mortgage investment conduit" for federal income tax purposes;; and

Appears in 4 contracts

Samples: Warranties and Servicing Agreement (Sasco 2006-Bc4), Warranties and Servicing Agreement (Sasco 2006-Bc3), Warranties and Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5)

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REMIC Status. The Mortgage Loan is a qualified mortgage for inclusion in a "real estate mortgage investment conduit" for federal income tax purposes;.

Appears in 1 contract

Samples: Structured Asset Securities Corp/Ny

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