Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by Buyer, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 15 contracts
Sources: Master Repurchase Agreement (Caliber Home Loans, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 6 contracts
Sources: Master Repurchase Agreement (UWM Holdings Corp), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (DITECH HOLDING Corp)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae ▇▇▇ or ▇▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 4 contracts
Sources: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Transaction Mortgage Loans, the Transaction Mortgage Loan is not convertible to a fixed interest rate Transaction Mortgage Loan.
Appears in 3 contracts
Sources: Master Repurchase Agreement (DITECH HOLDING Corp), Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Walter Investment Management Corp)
Conversion to Fixed Interest Rate. Except (i) as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac, (ii) as would be allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac but for limits by such Agencies on loan amounts, or (iii) or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Fieldstone Investment Corp)
Conversion to Fixed Interest Rate. Except as allowed by ▇F▇▇▇▇▇ Mae or ▇F▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by Buyer, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (AmeriHome, Inc.)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Fannie Mae or ▇▇▇▇▇▇▇ Freddie Mac or otherwise as expressly approved in writing by wri▇▇▇▇ ▇y Buyer, with respect ▇▇▇▇ ▇espect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Oak Street Financial Services Inc), Master Repurchase Agreement (Chimera Investment Corp)
Conversion to Fixed Interest Rate. Except (i) as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac, (ii) as would be allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac but for limits by such Agencies on loan amounts, or (iii) or otherwise as expressly approved in writing by Buyer, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Fieldstone Investment Corp)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by BuyerBuyers or Administrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 1 contract
Sources: Master Repurchase Agreement (Caliber Home Loans, Inc.)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇, ▇▇▇▇▇▇▇ Mac or GNMA or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 1 contract
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by Buyer, with respect to adjustable rate Transaction Mortgage Loans, the Transaction Mortgage Loan is not convertible to a fixed interest rate Transaction Mortgage Loan.
Appears in 1 contract
Sources: Master Repurchase Agreement (Walter Investment Management Corp)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ , Freddie Mac or GNMA or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 1 contract
Conversion to Fixed Interest Rate. Except as allowed by ▇F▇▇▇▇▇ Mae or ▇▇▇▇▇M▇▇ or Freddie Mac or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 1 contract
Sources: Master Repurchase Agreement (Home Point Capital Inc.)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae ▇▇▇ or ▇▇▇▇▇▇▇ Mac or otherwise as expressly approved in writing by Buyer, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 1 contract
Sources: Master Repurchase Agreement (MortgageIT Holdings, Inc.)
Conversion to Fixed Interest Rate. Except as allowed by ▇▇▇▇▇▇ Mae or Mae, ▇▇▇▇▇▇▇ Mac or GNMA or otherwise as expressly approved in writing by BuyerAdministrative Agent, with respect to adjustable rate Mortgage Loans, the Mortgage Loan is not convertible to a fixed interest rate Mortgage Loan.
Appears in 1 contract