Common use of Underwriting Guidelines Clause in Contracts

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

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Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to deviate from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall promptly deliver provide Buyer prompt written notice of any material changes to Buyer Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the amended or modified changes from the then most recent Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 4 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (Guild Holdings Co), Master Repurchase Agreement

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.), Master Repurchase Agreement (loanDepot, Inc.), New York Mortgage Trust Inc

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend permit any material modifications to be made to the Underwriting Guidelines that will impact either Buyer or otherwise modify the Purchased Loans without the prior consent of Buyer (such consent not to be unreasonably withheld). Seller agrees to deliver to Buyer copies of the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification changes are made to the Underwriting GuidelinesGuidelines following the Effective Date, Seller shall promptly deliver that could reasonably be expected to Buyer a complete copy affect any of the amended Purchased Loans or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy deliveredLoans.

Appears in 3 contracts

Samples: Custodial Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Walter Investment Management Corp)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail . [***] Confidential treatment has been requested for the amendments bracketed portions. The confidential redacted portion has been omitted and modifications set forth therein from filed separately with the previous copy deliveredSecurities and Exchange Commission.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectwith respect to Mortgage Loans offered to Buyer hereunder. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc), Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not permit the Servicer to amend or otherwise modify the Underwriting Guidelines in any material respectrespect in any manner that might adversely affect the Mortgage Loans. Without limiting the foregoing, in the event that Seller the Servicer makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Capitalsource Inc), Capitalsource Inc

Underwriting Guidelines. Without the prior written consent of Buyer, Seller Sellers shall not amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that either Seller makes any amendment or modification to the Underwriting Guidelines, such Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 2 contracts

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.), Master Repurchase Agreement (First NLC Financial Services Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not amend or otherwise modify the Underwriting Guidelines in any a material respectmanner. Without limiting the foregoing, in the event that the Seller makes any material amendment or modification to the Underwriting Guidelines, the Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (E Loan Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that the Seller makes any amendment or modification to the Underwriting Guidelines, the Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 2 contracts

Samples: Master Repurchase Agreement (First NLC Financial Services Inc), Master Repurchase Agreement (Anthracite Capital Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, Guidelines specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not materially amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not materially amend or otherwise modify the Underwriting Guidelines in any material respectexcept to the extent required by changes to Agency Guidelines and Requirements of Law. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver (i) provide notice to Buyer within five (5) Business Days of such amendment or modification and (ii) deliver a complete copy of the amended or modified Underwriting Guidelines, specifying Guidelines to Buyer in detail the amendments and modifications set forth therein from the previous copy deliveredconnection with such notice.

Appears in 1 contract

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

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not amend in any material respect or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that the Seller makes any amendment or modification to the Underwriting Guidelines, the Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Mortgageit Holdings Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectexcept to the extent required by changes to Agency Guidelines and Requirements of Law. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, neither Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the deviate from its Underwriting Guidelines, Seller shall promptly deliver as in effect from time to Buyer a complete copy time, in connection with its origination of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy deliveredPurchased Mortgage Loans.

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller Sellers shall not amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that a Seller makes any amendment or modification to the Underwriting Guidelines, such Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (New York Mortgage Trust Inc)

Underwriting Guidelines. Without the prior written consent of Buyer, no Seller shall not amend in any material respect or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that a Seller makes any amendment or modification to the Underwriting Guidelines, such Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

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

Underwriting Guidelines. Without the prior written consent of notice to Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines deviate in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to respect from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall promptly deliver provide Buyer prompt written notice of any material changes to Buyer Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the amended or modified changes from the then most recent Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Home Point Capital Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not materially amend or otherwise materially modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that the Seller makes any amendment or modification to the Underwriting Guidelines, the Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

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Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to materially deviate from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Upon Buyer’s reasonable request, Seller shall promptly deliver to will provide Buyer a complete copy of the amended or modified with Seller’s current Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify or permit the amendment or modification of the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Underwriting Guidelines. Without the prior written consent of Buyer, no Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectexcept to the extent required by changes to Agency Guidelines and Requirements of Law. Without limiting the foregoing, in the event that any Seller makes any amendment or modification to the Underwriting Guidelines, such Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.. ‑48‑

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to materially deviate from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall promptly deliver provide Buyer prompt written notice of any material changes to Buyer a complete copy of the amended or modified Seller’s then Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered[***].

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller the Sellers shall not amend or otherwise modify the Underwriting Guidelines in with respect to any material respectMortgage Loans that are Purchased Mortgage Loans. Without limiting the foregoing, in the event that Seller makes the Sellers make any amendment or modification to the Underwriting Guidelines, Seller the Sellers shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (ECC Capital CORP)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that Seller or any Agency or Takeout Investor makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Standard Pacific Corp /De/)

Underwriting Guidelines. Without the prior written consent of Buyer, neither Seller shall not amend in any material respect or otherwise modify the Underwriting Guidelines in any material respect. Without limiting the foregoing, in the event that a Seller makes any amendment or modification to the Underwriting Guidelines, such Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

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

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend (i) amend, permit the amendment of or otherwise modify or permit the modification of the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified such Underwriting Guidelines; provided that, specifying in detail for the amendments and modifications set forth therein from the previous copy deliveredavoidance of doubt, that Buyer will not purchase any Mortgage Loans originated pursuant to Underwriting Guidelines that have not been approved by Buyer.

Appears in 1 contract

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

Underwriting Guidelines. Without the prior written consent of Buyer, Seller Sellers shall not materially amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that any Seller makes any amendment or modification to the Underwriting Guidelines, each Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: American Home Mortgage Investment Corp

Underwriting Guidelines. Without the prior written consent of Buyer, the Seller shall not materially amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that the Seller makes any material amendment or modification to the Underwriting Guidelines, the Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

Underwriting Guidelines. Without the prior written consent of Buyer, which will not be unreasonably withheld, Seller shall not amend or otherwise modify the Underwriting Guidelines in any material respectGuidelines. Without limiting the foregoing, in the event that Seller makes any amendment or modification to the Underwriting Guidelines, Seller shall promptly deliver to Buyer a complete copy of the amended or modified Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Underwriting Guidelines. Without the prior written consent of Buyer, Seller shall not amend or otherwise modify the Underwriting Guidelines deviate in any material respect. Without limiting the foregoing, in the event that Seller makes any amendment or modification to respect from the Underwriting Guidelines, as in effect from time to time, in connection with its origination of Purchased Mortgage Loans. Seller shall promptly deliver provide Buyer prompt written notice of any material changes to Buyer Seller’s then Underwriting Guidelines, including therewith a complete copy of Seller’s updated Underwriting Guidelines and a summary of the amended or modified changes from the then most recent Underwriting Guidelines, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.

Appears in 1 contract

Samples: Master Repurchase Agreement (Stonegate Mortgage Corp)

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