Receivables Factoring Agreement Sample Contracts

AMENDMENT NO. 1 TO THE SERVICER ADVANCE RECEIVABLES FACTORING AGREEMENT Dated as of October 6, 2008
Receivables Factoring Agreement • February 27th, 2009 • Residential Capital, LLC • Mortgage bankers & loan correspondents • New York

AMENDMENT NO. 1 TO THE SERVICER ADVANCE RECEIVABLES FACTORING AGREEMENT (this “Amendment”) by and among GMAC MORTGAGE, LLC, a Delaware limited liability company, as a seller (together with any successors, “GMAC Mortgage”), RESIDENTIAL FUNDING COMPANY, LLC, a Delaware limited liability company, as a seller (together with any successors, “RFC” and together with GMAC Mortgage, each a “Seller” and collectively, the “Sellers”) and GMAC COMMERCIAL FINANCE LLC, a Delaware limited liability company, as purchaser (the “Purchaser”).

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