Common use of Transfer of Mortgage Loans Clause in Contracts

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 57 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He7), Assignment and Recognition Agreement (Morgan Stanley ABS Capital I Inc. IXIS Real Estate Capital Trust 2007-He1), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-Wmc2)

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Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Accredited are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 21 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Abs Capital I - Mor Pas THR Cert Ser 2003-He1), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He6), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Abs Capital I Inc Series 2004-He1)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are is not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 14 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2005-He3), Servicing Agreement (GSAA Home Equity Trust 2006-10), Pooling and Servicing Agreement (GSAMP Trust 2006-He3)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Aames are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 12 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley Abs Capital I Inc Series 2004-He1), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He8)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are Originator is not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Fremont Mortgage Securities Corp), Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-E), Pooling and Servicing Agreement (Fremont Mortgage Securities Corp)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage LoansLoans registered with MERS, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 10 contracts

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

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;.

Appears in 8 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (UWM Holdings Corp)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Responsible Party are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (GS Mortgage GSAMP Trust 2005-Nc1), Pooling and Servicing Agreement (GSAMP Trust 2005-He3), Pooling and Servicing Agreement (GSAA Home Equity Trust 2005-2)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Responsible Party are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-Nc1), Pooling and Servicing Agreement (GSAMP Trust 2006-Nc2), Pooling and Servicing Agreement (GS Mortgage Securities Corp GSAMP Trust 2004-Nc2)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Company are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 6 contracts

Samples: Assignment and Recognition Agreement (Morgan Stanley Ixis Real Estate Capital Trust 2006-2), Assignment and Recognition Agreement (Morgan Stanley Home Equity Loan Trust 2006-3), Assignment and Recognition Agreement (Morgan Stanley Home Equity Loan Trust 2006-2)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loansfor the omission of the name of the assignee, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Sellers are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 4 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He1), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He4), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He4)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the applicable Seller are is not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (First NLC Securitization, Inc.), Transfer and Servicing Agreement (First NLC Securitization, Inc.), Transfer and Servicing Agreement (FBR Securitization, Inc.)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Non MERS Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are Responsible Party is not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-Fm2), Pooling and Servicing Agreement (GSAMP Trust 2007-Fm2), Pooling and Servicing Agreement (GSAMP Trust 2006-Fm3)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Company are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 2 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)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Sellers are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Cert Ser 2002-He2), Pooling and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Cert Ser 2002-He2)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 2 contracts

Samples: Master Repurchase Agreement (M I Homes Inc), Master Repurchase Agreement (M I Homes Inc)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Originator or Seller (if not Originator) are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Finance of America Companies Inc.), Master Repurchase Agreement (Finance of America Companies Inc.)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Aames are not subject to the bulk transfer or similar statutory provisions in provisixxx xn effect in any applicable jurisdiction;

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He6), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He7)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are Option One is not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Certs Ser 2003-He2)

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Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Originator are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 1 contract

Samples: Custodial Agreement (Painewebber Mortgage Acceptance Corp Iv Series 2000-He-1)

Transfer of Mortgage Loans. Except with respect to Other than for MERS Designated Mortgage Loans, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;.

Appears in 1 contract

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

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the each Seller Trust are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (GS Mortgage GSAMP Trust 2004-Opt)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the each Seller are not subject to the bulk transfer transfer, bulk sale or similar statutory provisions in effect in any applicable jurisdictionjurisdiction (including, without limitation, Article 6 of the Uniform Commercial Code);

Appears in 1 contract

Samples: Master Repurchase Agreement (American Home Mortgage Investment Corp)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller Depositor are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 1 contract

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He5)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the Assignment The assignment of Mortgage mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement

Transfer of Mortgage Loans. Except with respect to Other than for MERS Designated Mortgage Loans, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the no Seller are not is subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;.

Appears in 1 contract

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

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage LoansLoans registered with MERS, the Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;.

Appears in 1 contract

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

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and and, to the best of Seller’s knowledge, is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;.

Appears in 1 contract

Samples: Master Repurchase Agreement (Walter Investment Management Corp)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Ownit Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The With respect to each Ownit Mortgage Loan, the transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are is not subject to the bulk transfer or similar statutory provisions in effect in any applicable jurisdiction;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ABFC Asset-Backed Certificates, Series 2005-He2)

Transfer of Mortgage Loans. Except with respect to MERS Designated Mortgage Loans, the The Assignment of Mortgage with respect to each Mortgage Loan is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller are not subject to the bulk transfer transfer, bulk sale or similar statutory provisions in effect in any applicable jurisdictionjurisdiction (including, without limitation, Article 6 of the Uniform Commercial Code);

Appears in 1 contract

Samples: Master Repurchase Agreement

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