Prepayment Premiums. To the Assignor's knowledge, no Mortgage Loan originated on or after October 1, 2002 will impose a prepayment premium for a term in excess of three years. Any loans originated prior to such date, and any non-subprime loans, will not impose prepayment penalties in excess of five years.
Appears in 13 contracts
Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-9), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-2), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-10)
Prepayment Premiums. To the Assignor's knowledge, no Mortgage Loan originated on or after October 1, 2002 will impose a prepayment premium for a term in excess of three (3) years. Any loans originated prior to such date, and any non-subprime loans, will not impose prepayment penalties in excess of five (5) years.
Appears in 1 contract
Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-6)
Prepayment Premiums. To the Assignor's knowledge, no Mortgage Loan originated on or after October 1, 2002 will impose a prepayment premium for a term in excess of three years. Any loans originated prior to such date, and any non-subprime loans, will not impose prepayment penalties in excess of five (5) years.
Appears in 1 contract
Samples: Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-19)
