Assumability. With respect to each Adjustable Rate Mortgage Loan, the Mortgage Loan Documents provide that the related Mortgage Loan may only be assumed if the party assuming such Mortgage Loan meets the criteria set forth in the Mortgage Loan Documents as well as Fannie Mae and Freddie Mac requirements;
Appears in 3 contracts
Sources: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc), Pooling and Servicing Agreement (Morgan Stanley Home Equity Loan Trust 2005-2), Pooling and Servicing Agreement (Morgan Stanley Home Equity Loan Trust Series 2005-3)