Standard Templates
Public Contracts
Resources
About
Pricing
  • Home
  • Clauses
  • Negative Amortization
  • Snippet group

Common use of Negative Amortization Clause in Contracts

Negative Amortization. No Mortgage Loan provides for negative amortization.

Appears in 1 contract

Sources: Seller's Warranties and Servicing Agreement (Structured Asset Sec Corp Mor Pass Thru Cer Ser 2002-10h)

Negative Amortization. No Except for HECM Loans, no Mortgage Loan provides for negative amortization.

Appears in 1 contract

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

Related Clauses

  • Rapid Amortization Events
  • Expected Amortization Schedule for Principal
  • Early Amortization Events
  • Allocations During the Early Amortization Period
  • Scheduled Payments

Parent Clauses

  • Accounting Procedures
  • Miscellaneous Provisions
  • Mortgage Loan Accounting
  • Amendments
  • Representations and Warranties as to Individual Mortgage Loans

Sub-Clauses

  • Principal Residence
  • Right to Cure First Lien
  • Request for Notice; No Consent Required
  • No Default Under First Lien
  • No Negative Amortization of Related First Lien Loan
Law Insider

Tools to Draft Better Contracts

  • About Us
  • Plans & Pricing
  • Email Sales
  • Support

Contract Standards

  • Standards Hub
  • oneNDA Template
  • oneSaaS Template
  • oneDPA Template

Law Insider Community

  • Join Community

Public Contracts

  • Search
  • Contracts
  • Clauses
  • Dictionary
  • Languages
All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-2025 Law Insider Inc. All rights reserved. Terms of Service • Privacy Policy
Help Ukraine 🇺🇦