Common use of Insured Closing Letters Clause in Contracts

Insured Closing Letters. With respect to each Wet Loan, Seller has received an insured closing letter from the related Settlement Agent if such Settlement Agent is not a title insurance company.

Appears in 2 contracts

Sources: Master Repurchase Agreement, Master Repurchase Agreement (New Century Financial Corp)

Insured Closing Letters. With respect to each Wet Eligible Loan that is a Wet-Ink Mortgage Loan, Seller has received an insured closing letter from the related Settlement Agent if such Settlement Agent is not a title insurance company.

Appears in 1 contract

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