SECTION 8. Sees. Section of the Existing Master Repurchase Agreement is hereby amended by deleting Seller?s notice information in subsection (a) in its entirety and replacing it with the following:

9.1 deleting the definitions of ?Service Qualified Escrow Home mortgage?, ?Applicable Prices Price?, ??, ?? and ?Percentage Date? in their entirety and replacing them with the following, respectively:

Institution Eligible Escrow Real estate loan: An Agency Eligible Mortgage Loan or Government Mortgage Loan (i) in respect of which the full original principal amount of such Mortgage Loan has not been fully advanced or disbursed as of the related origination date, (ii) in respect of which all subsequent advances or disbursements are made by Seller in accordance with the Agency Guides, (iii) that has been approved by Buyer in its sole discretion, and (iv) that is identified on Showcase S hereto.

Other Real estate loan Records

Applicable Rates Rate: With respect to any date of determination, the greater of (i) One-Month LIBOR or a Successor Rate, and (ii) 0%.

: setting (a) when ahead of a general public giving regarding Merchant, brand new LSF Functions cease in order to collectively individual, privately otherwise indirectly, no less than % away from Vendor, and you will (b) when shortly after a public offering of Supplier, people ?person? otherwise ?group? except that the LSF Functions has, personally otherwise ultimately, more than thirty-four percent (35%) out of Supplier.

Change out of Handle

: Along with the Real estate loan Data files, regarding one Real estate loan, next: (i) the initial filed Home loan, if you don’t within the Mortgage loan Records; (ii) a copy of one’s preliminary identity relationship indicating the policy amount or preliminary attorneys?s viewpoint of identity additionally the new coverage away from mortgagee?s identity insurance coverage or unexpired relationship getting a policy regarding mortgagee?s label insurance, if not included in the Mortgage Records; (iii) the first Closure Coverage Letter and you will a copy of your Irrevocable Closing Instructions; (iv) the initial Get Relationship, or no; (v) the first FHA certification out-of insurance rates otherwise commitment to ensure, the latest Virtual assistant certification off warranty or dedication to guaranty, this new RD Financing Guaranty Arrangement or perhaps the Insurer?s certification or dedication to insure, because appropriate; (vi) the latest questionnaire, ton certification, possibility insurance policy and you can flood insurance policy, due to the fact applicable; (vii) the initial of every expectation, amendment, integration otherwise extension plans, having proof tape on that otherwise duplicates stamp official because of the an registered manager from Supplier to possess already been sent for recording, or no; (viii) duplicates of every device necessary to over character of every exemption established on the exemption schedule regarding term rules; (ix) the mortgage how many payday loans can i have at once Nebraska app; (x) verification of your Mortgagor?s a career and you will earnings, in the event that applicable; (xi) verification of your own supply and you will amount of the newest advance payment; (xii) credit report toward Mortgagor; (xiii) appraisal of one’s Mortgaged Assets (or because will get or even be enabled by the applicable Company Instructions, an effective waiver thereof, and/otherwise a property evaluation); (xiv) the original done revelation statement; (xv) Tax receipts, premium receipts, ledger sheet sets, commission ideas, insurance claim data files and you will interaction, newest and you will historical computerized data, underwriting standards used for origination and all of other associated records and you may records; (xvi) the first of every verify performed to the the loan Note (or no); (xvii) the first of every cover contract, chattel mortgage or comparable file done concerning the loan; (xviii) all duplicates regarding energies away from attorneys or similar devices, when the relevant; (xix) duplicates of all of the documentation in connection with the newest underwriting and you may origination of any Ordered Mortgage you to definitely indications conformity which have, (1) with respect to all Ordered Mortgages besides a thread Financing ? 1 st Lien, the ability to Pay Laws and, (2) in terms of the Purchased Mortgage loans apart from a bond Financing ? step 1 st Lien and you may an allowable Non-Certified Mortgage, the QM Rule; and you can (xx) almost every other documents regarding the Ordered Mortgage loan.