Common use of Transfer of Loans Clause in Contracts

Transfer of Loans. The Assignment of Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.

Appears in 26 contracts

Samples: Master Repurchase Agreement (Tree.com, Inc.), Master Repurchase Agreement (PHH Corp), Master Repurchase Agreement (New York Mortgage Trust Inc)

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Transfer of Loans. The Except with respect to Loans registered with MERS, the Assignment of Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.

Appears in 2 contracts

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

Transfer of Loans. The Except with respect to each Wet Funded Loan, the Assignment of Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.

Appears in 2 contracts

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.), Master Repurchase Agreement (MortgageIT Holdings, Inc.)

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Transfer of Loans. The Each of the Mortgage and the Assignment of Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.

Appears in 2 contracts

Samples: Continuing Loan Purchase Agreement (Austin Funding Com Corp), Continuing Loan Purchase Agreement (Westmark Group Holdings Inc)

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