Examples of Repurchased Mortgage Loan in a sentence
At the time of repurchase, the Purchaser and the Seller shall arrange for the reassignment of the Repurchased Mortgage Loan to the Seller pursuant to documents consistent with those delivered by the Seller to the Purchaser on the Closing Date and the delivery to the Seller of any documents held by the Purchaser relating to the Repurchased Mortgage Loan.
The Seller shall on behalf of the Purchaser provide any required notice to any Mortgagor with respect to any Repurchased Mortgage Loan.
The applicable Seller shall provide to the Custodian the Mortgage File with respect to a Repurchased Mortgage Loan no later than fifteen (15) Business Days after the related Purchase Date for such Repurchased Mortgage Loan.
Except with respect to any Early Payment Default Repurchased Mortgage Loan, the Mortgagor has made its first Monthly Payment within forty-five days of the related Due Date.
With respect to each Purchased Mortgage Loan, Sellers represent and warrant to Buyer that each of the following representations and warranties are true and correct, except with respect to any Repurchased Mortgage Loan in which the claimed breach of the representation or warranty is expressly identified to Buyer in writing pursuant to clause (b) of the definition of Repurchased Mortgage Loan.