Conversion to Fixed Interest Rate. With respect to each ARM Mortgage Loan; the Mortgage Loan does not contain a provision permitting or requiring conversion to a fixed interest rate Mortgage Loan.
Appears in 21 contracts
Sources: Seller’s Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-4), Servicing Agreement (Lehman Mortgage Trust 2007-3), Seller’s Warranties and Servicing Agreement (Lehman XS Trust Series 2007-12n)
Conversion to Fixed Interest Rate. With respect to each ARM Mortgage Adjustable Rate Loan; , the Mortgage Loan Note does not contain a provision permitting or requiring conversion to a fixed interest rate Mortgage Loan.
Appears in 9 contracts
Sources: Master Repurchase Agreement (Radian Group Inc), Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (loanDepot, Inc.)
Conversion to Fixed Interest Rate. With respect to each ARM Mortgage Adjustable Rate Loan; , the Mortgage Loan Note does not contain a provision permitting or requiring conversion to a fixed interest rate Mortgage Loan.
Appears in 6 contracts
Sources: Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement, Correspondent Loan Purchase Agreement